Governance

Board of Directors

31 December 2018

Veli-Matti Reinikkala

Board member and Chairman of the Board since 2017; Chairman of the Remuneration Committee and M&A Committee.

Born 1957, Finnish citizen;
Executive Master of Business Administration.

Primary work experience:
President Europe, Member of Group Executive Committee, ABB Switzerland 2015; President of Process Automation division, Member of the Group Executive Committee, ABB Ltd. Switzerland 2006–2014; Head of Business Area Process Automation, ABB Ltd. Switzerland 2005; Local Division Manager, Automation Technologies Division, ABB (China) Ltd., Member of Global Automation Technologies Division Management Team 2003–2004; Business Area Manager for Drives & Power Electronics, ABB Automation Management Ltd., Switzerland 2002–2003; various positions at ABB, 1994–2001.

Other positions of trust:
Board member of Fortum Corporation, Board member of UPM-Kymmene Corporation and Chairman of the Remuneration Committee

Cramo shares on 31 Dec 2018:
6,000 (31 Dec 2017: 6,000)

Deemed independent of the Company and its major shareholders.

AnnaCarin Grandin

Board member since 2018; Member of the Audit Committee.

Born 1967, Swedish citizen;
B.Sc. (Business Administration), Stockholm University and Gävle/Sandvik University College.

Primary work experience:
CEO, Sweden, Coor Service Management 2016–present; Executive Vice President, Coor Service Management 2014–2016; Senior Account Manager, Statoil, Coor Service Management 2014; CEO, Norway AS, Coor Service Management 2011–2014; Business Unit President, Coor Service Management Sverige AB 2004–2010.

Other positions of trust:

Cramo shares on 31 Dec 2018:
0 (31 Dec 2017: –)

Deemed independent of the Company and its major shareholders.

Perttu Louhiluoto

Board member since 2016 and Deputy Chairman since 2018. Member of the Audit Committee and M&A Committee.

Born 1964, Finnish citizen;
M. Sc. (Econ), Master of Laws; CEO, Rettig ICC Oy.

Primary work experience:
President, Services, Metso Corporation 2015–2017; President, Flow Control, Metso Corporation 2014–2015; President, Automation, Metso Corporation 2012–2014; President, Energy and Environment Technology, Metso Corporation 2011–2011; Senior Vice President, EMEA Market Area, Mining and Construction Technology, Metso Corporation 2009–2011; Senior Vice President, Operational Excellence, Metso Corporation 2008–2009; Partner, McKinsey & Company 2000–2008; various positions, McKinsey & Company 1991–1999.

Cramo shares on 31 Dec 2018:
895 (31 Dec 2017: 895)

Deemed independent of the Company and its major shareholders.

Peter Nilsson

Board member since 2015; Member of the Remuneration Committee.

Born 1962, Swedish citizen;
M.Sc. (Econ.).

Primary work experience:
President and CEO, Sanitec Corporation 2010–2015; CEO, Duni AB 2004–2007; various Senior Management positions, Swedish Match Group 1987–2003.

Other positions of trust:
Board Chairman: NKB 129 APS, Poleved Advisory, Poleved Industrial Performance AB, Eton Ab, Eton Group Ab, Earl Holding III Ab, Lindab International Ab, CHEP Aerospace Solutions, IVC Acquisition TopCo Limited. Board member: Team Tråd & Galler Holding AB, JH Tidbecks AB, Signtronic Produktion AB, Kylpanel i Nassjö AB, Navibus AB, Wermer Fövaltning AB, Unilode Aviation Solutions International AG.

Cramo shares on 31 Dec 2018:
1,916 (31 Dec 2017: 1,916)

Deemed independent of the Company and its major shareholders.

Joakim Rubin

Board member since 2015; Chairman of the Audit Committee; Member of the M&A Committee.

Born 1960, Swedish citizen;
M.Sc. (Industrial Engineering and Management); Partner, EQT Partners.

Primary work experience:
Founding Partner, Zeres Capital Partners AB 2013–2018; Senior Partner, CapMan Group 2008–2015; several positions such as Head of Corporate Finance and Debt Capital Markets, Handelsbanken Capital Markets 1995–2008.

Other positions of trust:
Board member: ÅF AB, Hoist AB.

Cramo shares on 31 Dec 2018:
1,916 (31 Dec 2017: 1,916)

Deemed independent of the Company, but not independent of a major shareholder.

Raimo Seppänen

Board member since 2014; Member of the Remuneration Committee.

Born 1956, Finnish citizen;
Civil Engineer; Head of Housing Repairs, YIT Construction Ltd., Housing Helsinki Metropolitan Area East unit (since 2006).

Primary work experience:
Specialist (Structural technology), Helsinki Housing Production Bureau (ATT), 2000–2006; General Site Manager, Head of Site Management for renovation and residential construction, Haka, Skanska, 1987–2000.

Other positions of trust:
Board Chairman: Rakennusmestarien Säätiö.

Cramo shares on 31 Dec 2018:
1,916 (31 Dec 2017: 1,916)

Deemed independent of the Company, but not independent of a major shareholder.

Caroline Sundewall

Board member since 2014; Member of the Audit Committee.

Born 1958, Swedish citizen;
MBA; Independent Business Consultant, Caroline Sundewall AB (since 2001).

Primary work experience:
Business Commentator, Finanstidningen, 1999–2001; Editor and Commentator, Sydsvenska Dagbladet (Business section), 1992–1999 and Affärsvärlden 1989–1992; Business Controller, Ratos AB 1989–1992.

Other positions of trust:
Board Member: Hemfosa AB, Mertzig Asset Management, Elanders AB, SinterCast, Stiftelsen Tillväxt Helsingborg.
Chairman Streber Cup Tennis Foundation.

Cramo shares on 31 Dec 2018:
2,000 (31 Dec 2017: 2,000)

Deemed independent of the Company and its major shareholders.