Stockholm CEVIAN CAPITAL AB Christer Gardell, Managing Partner & co-founder Mr. Gardell co-founded Cevian Capital in 2002. From 1996 to 2001, he was the Chief Executive Officer of Custos. Prior to joining Custos Mr. Gardell was a Partner of Nordic Capital. Between 1984 and 1995 he worked with McKinsey & Co, ultimately as a Partner. Mr. Gardell has served as chairman of 5 companies, vice chairman of 1 company and as a director of 13 companies. He has been on the nomination committee of 4 companies. Mr. Gardell holds a degree in Economics and Business Administration from the Stockholm School of Economics, including studies at the London Business School. Jonas Synnergren, Senior Partner Mr. Synnergren joined Cevian in Stockholm in 2007. Prior to joining Cevian, Mr. Synnergren was a Project Leader at The Boston Consulting Group, where he spent approximately five and a half years. He has been a director of three companies and has been on the nomination committee of four companies. Mr. Synnergren holds an M.Sc. in Economics and Business Administration from the Stockholm School of Economics, including studies at the Ecoles des Hautes Commerciales in Paris. Cevian Capital AB Engelbrektsgatan 5 SE-114 32 Stockholm Sweden Telephone: +46 8 545 675 50 Fax: +46 8 545 675 60 E-mail: Stockholm@ceviancapital.com ZÜRICH » LONDON » LEGAL DISCLAIMER | PRIVACY NOTICES | Web: KreativWeb

STRATEGY Cevian (i) acquires substantial minority ownership positions in undervalued European listed companies and (ii) works with the boards and management teams of those companies to advance initiatives designed to increase their long-term competitiveness, profitability and sustainability. It works in a hands-on and constructive manner to advance improvements in operations, corporate strategy, organizational structure, financial management, corporate governance and ESG more broadly. This work is designed to create real long-term value that benefits all stakeholders, including shareholders. Cevian generally invests in sound companies that are overlooked, misunderstood or out-of-favor with investors. It commonly acts as a reference shareholder, an anchor shareholder, or an external catalyst for change, depending on the situation. Cevian manages a concentrated portfolio of significant minority ownership positions in c. 10-15 publicly-listed companies at a time. It is typically the largest or second largest owner of its portfolio companies. Cevian has a clear vision of the potential of each of its companies, and commonly maintains its commitment to companies for 5+ years. Cevian’s optimal investment size is EUR 500m to EUR 1.5 billion per company, though larger investments are not excluded. LEGAL DISCLAIMER | PRIVACY NOTICES | Web: KreativWeb