Change in BillerudKorsnäs Senior Management Team

Regulatory News:

Lennart Eberleh, senior vice president Corrugated Solutions, is leaving BillerudKorsnäs (STO:BILL) after 16 successful years in the company. He leaves to take on new challenges as president and CEO of the pulp producer Rottneros AB (publ).

Business area Corrugated Solutions offers its customers, converters and brand owners, high performance containerboards and complete packaging solutions. The business area contributes to the growth agenda of BillerudKorsnäs through its value growth strategy where business model innovation is a key factor. The recently completed integration of the BillerudKorsnäs subsidiary Paccess into Corrugated Solutions is a major step in this strategy.

"We thank Lennart for his achievements as head of our business area Corrugated Solutions. Through his work, he has created value for BillerudKorsnäs and for our customers. The growth strategy for Corrugated Solutions remains and we will continue to develop as a supplier of packaging solutions to brand owners globally. We wish Lennart all the best in his new challenges. We see his development as yet another example of the value creation within BillerudKorsnäs - this time on the individual level! says Per Lindberg, BillerudKorsnäs President and CEO. A recruitment process for Lennart Eberleh’s successor has been initiated. Lennart Eberleh will remain in his position until latest October 1st 2016.

The information is such that BillerudKorsnäs Aktiebolag (publ) is obligated to publish under the Swedish Securities Market Act. Submitted for publication at 08.30 CET, 21st March 2016.

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