Martin Lundstedt appointed CEO of Scania

The Board of Directors of Scania has appointed Martin Lundstedt new President
and Chief Executive Officer of Scania AB. He takes up his new position on 1
September 2012 and succeeds Leif Östling, who has been appointed member of the
Board of Management of Volkswagen AG. Changes will also be made in Scania’s
Executive Board on the same date.
Martin Lundstedt, born in 1967, has a Master of Science and is currently
Executive Vice President and Head of Franchise and Factory Sales, Scania. He
joined the company in 1992 and has held various senior positions including head
of Scania’s industrial operations in France from 2001 to 2005 and Senior Vice
President, Trucks until 2007, when he assumed his current position.

In the Executive Board of Scania, in addition to Martin Lundstedt, Jan
Ytterberg, Chief Financial Officer, and Christian Levin, Head of Sales and
Services Management, remain in their current positions. Per Hallberg, currently
Head of Research and Development, Purchasing, has been appointed Head of
Production and Logistics. In his new position, he succeeds Anders Nielsen, who
has been appointed Chief Executive Officer of MAN Truck & Bus AG.

New member of the Executive Board and Head of Research & Development, succeeding
Per Hallberg, will be Dr. Harald Ludanek, born in 1958. Harald Ludanek has a
Doctorate in Engineering and is currently Head of Vehicle Development at
Volkswagen AG.

Henrik Henriksson, born in 1970, has been appointed new member of the Executive
Board and Head of Franchise and Factory Sales, succeeding Martin Lundstedt.
Henrik Henriksson has a Bachelor of Science and is currently Senior Vice
President, Trucks, Scania.

In a new position on the Executive Board, Andrea Fuder, born in 1967, has been
appointed Head of Purchasing. Andrea Fuder has a Master of Science and Business
Administration and is currently Head of Group Purchasing Interior at Volkswagen
AG.

In an additional new position on the Executive Board, Kent Conradson has been
appointed Head of Human Resources. Born in 1958, he has a Bachelor of Science
and is currently Senior Vice President, Human Resources Support, Scania.

For further information, please contact Erik Ljungberg, Senior Vice President
Corporate Relations, tel. +46 73 988 35 57.
Scania is one of the world’s leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. Service-related
products account for a growing proportion of the company’s operations, assuring
Scania customers of cost-effective transport solutions and maximum uptime.
Scania also offers financial services. Employing some 37,500 people, the company
operates in about 100 countries. Research and development activities are
concentrated in Sweden, while production takes place in Europe and South
America, with facilities for global interchange of both components and complete
vehicles. In 2011, net sales totalled SEK 87.7 billion and net income amounted
to SEK 9.4 billion. Scania press releases are available on www.scania.com