Appointment to BillerudKorsnäs senior management team

Regulatory News:

BillerudKorsnäs has recruited Mikael Andersson to the position of Senior Vice President for Business Area Corrugated Solutions. Mr. Andersson has a solid experience from international sales and he knows the business in depth as he until recently held the position of Sales Director within the business area.

Business area Corrugated Solutions offers its customers, converters and brand owners, high performance containerboards and complete packaging solutions.

"We welcome Mikael to his new position as head of Corrugated Solutions. The business area has a turnover of SEK 3 300 million and has fantastic opportunities to continued value growth. With the basis in our well established position in material sales, we are now growing our packaging solutions part of the business at rates of 20-30% annually”, says Per Lindberg, BillerudKorsnäs President and CEO.

Mr. Andersson will start in his new position on August 1st2016.

The information is such that BillerudKorsnäs Aktiebolag (publ) is obligated to publish under the Swedish Securities Market Act. Submitted for publication at 09.00 CET, July 1st 2016.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 200 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

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