Board Of Directors

According to the Articles of Association, the Company’s Board of Directors must consist of at least five and at most ten directors, apart from those persons who, pursuant to law, may be appointed according to other arrangements.

Swedish Match’s Board of Directors consists of seven members elected by the General Meeting plus three employee representatives and their three deputies in accordance with the Trade Union Representatives (Status at the Workplace) Act.

Conny Karlsson

Born 1955. M.Sc. in Economics and Business from Stockholm School of Economics. Chairman of the Board of Directors since 2007. Board member since 2006. Chairman of the Compensation Committee.

Other Board Assignments:

Chairman of Zeres Capital AB and North Alliance AS. Board member of Scandinavian Tobacco Group AS, Malte Månsson AB and Yrkesakademin AB.

Previous positions:

Chief Executive Officer, Duni AB; Marketing Director, Procter & Gamble UK; Marketing Director and Regional Director, Procter & Gamble Scandinavia; Marketing Director, Procter & Gamble E&SO.

Own and related parties´ shares:

30,000

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Charles A. Blixt

Born 1951. Jur. Dr. and B.A University of Illinois. Board member since 2015. Member of the Compensation Committee.

Other Board Assignments:

Non-Executive Director, Krispy Kreme Doughnuts Inc.

Previous positions:

Interim General Counsel, Krispy Kreme Doughnuts Inc; Executive Vice President and General Counsel, Reynolds American Inc.

Own and related parties´ shares:

2,000

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Andrew Cripps

Born 1957. B.A. University of Cambridge. Chartered Accountant. Board member since 2006. Deputy Chairman of the Board of Directors and member of the Audit Committee.

Other Board Assignments:

Non-Executive Director of the Howden Joinery Group plc, Booker Group plc, Stock Spirits Group plc and the 2 Sisters Food Group.

Previous positions:

Director of Corporate Finance, Rothmans International; Director of Investments, British American Tobacco; President, Laurens International SA.

Own and related parties´ shares:

19,200

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Jacqueline Hoogerbrugge

Born 1963. M.Sc. Chemical Engineering from the University of Groningen. Board member since 2015. President Operations, Cloetta. Member of the Compensation Committee.

Previous positions:

President Operations, Leaf International BV; Vice President Operations, Danone’s Medical Nutrition Division; Vice President Procurement, Numico Baby & Medical Food, various positions in engineering, manufacturing and procurement, Unilever; and various positions in engineering and sales Fluor Daniel.

Own and related parties´ shares:

1,600

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Wenche Rolfsen

Born 1952. M.Sc. in Pharmacy and Ph.D. in Pharmacology from Uppsala University. Board member since 2013. Member of the Audit Committee.

Other Board Assignments:

Chairman of Index Pharmaceuticals, and Sarsia Seed; Vice Chairman of Moberg Pharma; Board member of Stiftelsen Industrifonden.

Previous positions:

Vice President; Director of Quintiles Phase I, Europe; CEO, Quintiles, Scandinavia; Director, Quintiles, Sweden; Managing Director of Pharmacology, Pharmacia Upjohn; Head of Pharmacology, Pharmacia Opthalmics; Head of Pharmacology, Pharmacia Läkemedel.

Own and related parties´ shares:

3,180

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Meg Tivéus

Born 1943. M.Sc. in Economics and Business from Stockholm School of Economics. Board member since 1999. Chairman of the Audit Committee.

Other Board Assignments:

Chairman of Arkitektkopia AB and Close AB. Board member of ADDvise Group AB.

Previous positions:

President and Chief Executive Officer, Svenska Spel AB; Executive Vice President, Posten AB; Division Manager, Holmen AB; Division Manager, Åhléns AB; Director, AB Nordiska Kompaniet; Product Manager, Modo AB; Project Manager, McCann Gunther & Bäck.

Own and related parties´ shares:

5,200

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Joakim Westh

Born 1961. M.Sc. Royal Institute of Technology and M.Sc. Aeronautics and Astronautics MIT. Board member since 2011. Member of the Audit Committee.

Other Board Assignments:

Board member of Absolent AB, Saab AB and CGI Group Inc.

Previous positions:

Senior Vice President and Head of Group Function Strategy and Operational Excellence and member of Group Management Team, Telefonaktiebolaget LM Ericsson; Group Vice President and member of the Executive Management Team, Assa Abloy AB; Chairman, Absolent AB; Partner, McKinsey & Co. Inc.

Own and related parties´ shares:

2,500

Independence in relation to the company/senior management:

Yes

Independence in relation to major shareholders of the Company:

Yes

Employee representatives

Patrik Engelbrektsson

Born 1965. Board member since 2013. Appointed by the Swedish Trade Union Confederation (LO) within Swedish Match. Chairman of the Trade Union Association at the snus factory in Gothenburg, Sweden. Forklift driver at the Gothenburg factory.

Previous positions:

Mill worker, Machine Operator, Forklift driver at the Gothenburg snus factory.

Own and related parties´ shares:

0

Eva Larsson

Born 1958. Board member since 1999. Appointed by the Swedish Trade Union Confederation (LO) within Swedish Match Industries. Chairman of the Trade Union Association at the match factory in Tidaholm, Sweden. Insurance Manager for insurance policies of persons employed under collective agreements at the Swedish Match’s match factory in Tidaholm.

Previous positions:

Line Operator at Swedish Match’s match factory in Tidaholm.

Own and related parties´ shares:

0

Eva Norlén-Moritz

Born 1960. Board member since 2016. Appointed by the Council for Negotiation and Co-operation (PTK) within Swedish Match. Chemist and works with chemical analysis of tobacco and products as well as quality assurance concerning analytical methods at the R&D department within Swedish Match Scandinavia Division in Stockholm, Sweden.

Previous positions:

The Customs (and Excise) Department Stockholm; Astra Pharmaceutical Production Södertälje.

Own and related parties´ shares:

0

Deputies

Joakim Andersson

Born 1970. Deputy member since 2013. Appointed by the Swedish Trade Union Confederation (LO) within Swedish Match. Chairman of the Swedish Food Workers’ Trade Union Association (Livs) at SMD Logistics in Kungsängen, Sweden. Module technician at SMD Logistics in Kungsängen.

Previous positions:

Module Technician, Swedish Match Distribution in Solna, Sweden.

Own and related parties´ shares:

0

Dragan Popovic

Born 1973. Deputy member since 2016. Appointed by the Council for Negotiation and Co-operation (PTK) within Swedish Match. Board member of the Swedish Association of Management and Professional Staff (Ledarna) at the snus factories in Gothenburg and Kungälv, Sweden. Works as Area Manager Production at Swedish Match’s snus factory in Gothenburg.

Previous positions:

Area Manager loose snus, Area Manager portion snus Original, Area Manager Pilot Plant and Machine Operator, at Swedish Match’s snus factory in Gothenburg.

Own and related parties´ shares:

0

Gert-Inge Rang

Born 1954. Deputy member since 2007. Appointed by the Council for Negotiation and Co-operation (PTK) within Swedish Match Industries. Production Supervisor at Swedish Match’s match factory in Vetlanda, Sweden.

Previous positions:

Supervisor, Swedish Match’s match factory in Vetlanda.

Own and related parties´ shares:

1,000