Markus Granlund appointed new CEO   Proposal for Kjell Nilsson to revert to Chairman

Markus Granlund appointed new CEO   Proposal for Kjell Nilsson to revert to
Chairman

The Board has decided to appoint Markus Granlund, the current deputy CEO of
Semcon, as its new CEO from the time of the AGM on 26 April 2012. The
nominations committee, unanimous in its proposal, also suggests that the current
CEO, Kjell Nilsson, is appointed Chairman of the Board at the AGM. 

“With Markus Granlund, Semcon gets a CEO who is very familiar with the company,
from his positions as Chief Legal Officer since 2008 and as deputy CEO since the
autumn. He’s shown an ability to take action, negotiate, has a vast commercial
understanding and is respected throughout the organization. We pleased that we
have managed to recruit in-house and would like to wish him a warm welcome to
the post of CEO,” says Chairman of the board Hans-Erik Andersson. 

“I’m looking forward, together with my colleagues, to get the opportunity to
continue developing Semcon’s global business,” says Markus Granlund.

Hans-Erik Andersson, Semcon’s Chairman since 2008, has notified the nominations
committee that he will not be standing for re-election and will therefore be
leaving his professional undertakings in the company in conjunction with 2012’s
AGM.

Shareholders representing 46.9 per cent of the company’s shares and votes are
behind the nominations committee’s decision for 2012’s AGM to propose that Kjell
Nilsson reverts to the post of Semcon’s Chairman of the Board.

“Semcon’s long-term development is very exciting and I would very much like to
continue contributing if the AGM unanimously decides with the nominations
committee’s proposal,” says Kjell.

The notification to attend the AGM in its entirety, including the nominations
committee’s and Board’s other proposals will be published no later than four
weeks prior to the AGM on 26 April on the company’s website and by advertising
in the Swedish Official Gazette and through adverts in Dagens Industri.

Kjell Nilsson, President and CEO, Semcon AB, 031-721 00 11
Hans-Erik Andersson, Chairman of the board, +46 31 721 03 11
Hampus Ericsson, Nomination Committee’s Chairman on: +46 31 759 55 10
Anders Atterling, IR & PR manager, Semcon AB, +46 704 472 819,