Skanska announces that Magnus Persson, the Company's Chief Financial Officer, has today decided to step down to take on new challenges outside of Skanska. Magnus Persson has been with Skanska for 18 years and has been a member of the Group Leadership Team since 2018. A recruitment process will be initiated to appoint a successor.

"I want to thank Magnus for his significant work and contribution to the development of the Skanska we see today. He has played a central role in developing and implementing the strategy that we launched in 2018 to increase profitability in all business areas. His deep knowledge of financial markets, leadership skills and drive, has added tremendous value to the company. I wish him all the best in the future", says Anders Danielsson, President and CEO of Skanska Group.

"Skanska has been my employer for 18 years. I am incredibly thankful but also proud over what we have achieved together. The last 6 years my focus has been, together with the Group Leadership Team to develop and implement a strategy that creates values for both society and shareholders. We can now see the result and I am confident that the company is well positioned for the future. Skanska is about the people and I am immensely thankful for the colleagues with whom I have had the privilege to work and get to know though my years with the company", says Magnus Persson EVP Chief Financial Officer, Skanska Group.

Magnus Persson will continue in the role as CFO until a successor has been appointed.

For further information please contact:

Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 76 8997269

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

                                                                                                                                                             

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world's largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

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