Election of the members of the Board of Directors 2018

The Shareholders’ Nomination Committee proposes, that the number of members of the Board of Directors be confirmed as seven (7) ordinary members. The Nomination Committee proposes that, in accordance with their consents, the following current members of the Board be re-elected: Perttu Louhiluoto, Peter Nilsson, Veli-Matti Reinikkala, Joakim Rubin, Raimo Seppänen and Caroline Sundewall and that AnnaCarin Grandin be elected as new Board member, all to serve for a term ending at the end of the Annual General Meeting 2019. Current Deputy Chairman of the Board, Erkki Stenberg, has announced that he will not be available for re-election.

The curriculum vitaes of the proposed members of the Board of Directors are below:

Perttu Louhiluoto
Perttu Louhiluoto

Board member since 2016 and Deputy Chairman since 2018. Member of the Audit Committee and M&A Committee.
Born 1964, M. Sc. (Econ), Master of Laws
CEO, Rettig ICC B.V
Deemed independent of the Company and its major shareholders.

Primary work experience:
President, Services, Metso Corporation 2015-2017; President, Flow Control, Metso Corporation 2014 – 2015; President, Automation, Metso Corporation 2012 – 2014; President, Energy and Environment Technology, Metso Corporation 2011 – 2011; Senior Vice President, EMEA Market Area, Mining and Construction Technology, Metso Corporation 2009 – 2011; Senior Vice President, Operational Excellence, Metso Corporation 2008 – 2009; Partner, McKinsey & Company 2000 – 2008; various positions, McKinsey & Company 1991-1999.

Cramo shares on 31 Dec 2017:
895 (31 Dec 2016: 895)

Peter Nilsson
Peter Nilsson

Board member since 2015. Member of the Remuneration Committee.
Born 1962, Swedish citizen, M.Sc. (Econ.)
Deemed independent of the Company and its major shareholders.

Primary work experience:
President and CEO, Sanitec Corporation 2010–2015; CEO, Duni AB 2004–2007; various Senior Management positions, Swedish Match Group 1987–2003.
Current positions of trust:
Board Chairman: NKB 129 APS, Poleved Advisory, Poleved Industrial Performance AB, Eton Ab, Eton Group Ab, Earl Holding III Ab, Lindab International Ab, CHEP Aerospace Solutions, IVC Acquisition TopCo Limited,
Board member: Team Tråd & Galler Holding AB, JH Tidbecks AB, Signtronic Produktion AB, Kylpanel i Nassjö AB, Navibus AB, Wermer Fövaltning AB, Unilode Aviation Solutions International AG

Cramo shares on 31 Dec 2017:
1,916 (31 Dec 2016: 1,916)

Raimo Seppänen
Raimo Seppänen

Board member since 2014. Member of the Remuneration Committee.
Born 1956, Finnish citizen, Civil Engineer
Head of Housing Repairs, YIT Construction Ltd., Apartment Houses Metropolitan Area -unit (since 2006)
Deemed independent of the Company, but not independent of a major shareholder.

Primary work experience: Specialist (Structural technology), The Helsinki Housing Production Bureau (ATT), 2000-2006; General Site Manager, Head of Site Management for renovation and residential construction, Haka, Skanska, 1987-2000.
Current positions of trust:
Board Chairman: Rakennusmestarien Säätiö

Cramo shares on 31 Dec 2017:
1,916 (31 Dec 2016: 1,916)

Caroline Sundewall
Caroline Sundewall

Board member since 2014. Member of the Audit Committee.
Born 1958, Swedish citizen, MBA
Independent Business Consultant, Caroline Sundewall AB (since 2001)
Deemed independent of the Company and its major shareholders.

Primary work experience:
Business Commentator, Finanstidningen 1999 – 2001; Editor and Commentator, Sydsvenska Dagbladet (Business section) 1992 – 1999 and Affärsvärlden 1989-1992; Business Controller, Ratos AB 1989 -1992.
Current positions of trust:
Board Member: Hemfosa AB, Mertzig Asset Management, Elanders AB, SinterCast

Cramo shares on 31 Dec 2017:
2,000 (31 Dec 2016: 2,000)