Björn Stenecker – new Chief Procurement Officer at Boliden

Björn Stenecker has been appointed Chief Procurement Officer of the Boliden
Group and thereby lead the organization for procurement of goods, services and
logistics.
Björn Stenecker, age 42, holds an Engineering B.Sc from Halmstad University and
an Executive MBA from Stockholm School of Economics. Björn has 16 years of
experience within the field of Procurement within, among others, Ericsson
Components, Emerson Energy Systems and IBX. Since 2010 Björn Stenecker is Vice
President Global Consulting and Category Management at Capgemini Procurement
Services (CPS). In this position Björn is responsible for strategic procurement
and leads teams in Europe, USA and India.

As Chief Procurement Officer (CPO) at Boliden Björn will be responsible for
Group wide procurement activities for all goods, services and logistics with an
annual procurement spend of 9 billion SEK (1.3 billion USD). Purchasing of
concentrates and raw materials are not included in the responsibility of the
CPO. Björn will take up his new position on August 1.

“Low costs and stable processes are crucial for Boliden’s competitive position.
At a time of inflation pressure the procurement organization is particularly
critical for our performance. I therefore welcome Björn, with his solid
international purchasing experience, to Boliden,” says Lennart Evrell, CEO of
Boliden.

For further information, please contact:

Marcela Sylvander, Director Group Communications, Boliden AB,
tel: +46 8 610 1559, +46 733 244 551