Leif Östling appointed Vice Chairman of Scania’s Board

Regulatory News:

The following changes in the composition of the Board of Directors were implemented at today’s Board meeting of Scania AB. Leif Östling was appointed as the new Vice Chairman. He will thereby also become a member of the Nomination Committee. In his new position, he succeeds Jochem Heizmann, who will remain as a member of the Board.

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

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