Björn Rosengren Nominated as New Vice Chairman of Hexagon's Board

In a significant move for Hexagon AB, the company's Nomination Committee has put forward the name of Mr. Björn Rosengren for the role of Vice Chairman of the Board of Directors. This proposal is set to be presented at the Annual General Meeting (AGM) scheduled for May 5, 2025. Rosengren, who recently concluded his tenure as the CEO of ABB Ltd., previously held the same leadership position at Sandvik AB.

The nomination of Rosengren comes as the current Chairman, Ola Rollén, has expressed his intention to step down in 2026 after a remarkable 26 years with the company. This transition is crucial for Hexagon as it enters a new phase of growth and development. Rollén, who has been a pivotal figure in Hexagon's history, underscored the importance of preparing for leadership changes to ensure the company's ongoing success.

“I have spent most of my working career building and growing Hexagon. It's been an adventure to have experienced Hexagon's rapid growth, and it has given me fantastic memories and many good friends,” Rollén stated. He acknowledged the need for new management to lead the company forward, emphasizing that it was time for him to explore new opportunities.

In response, Mr. Rosengren expressed his admiration for Hexagon’s evolution under Rollén's guidance and expressed excitement about the chance to work collaboratively with him. “I have followed Hexagon's development under Ola's leadership with great admiration, respect, and interest. It will be exciting to continue to create value for Hexagon's customers, employees, and shareholders,” Rosengren noted.

This nomination comes alongside the news that Brett Watson will not seek re-election in 2025, marking another change in the board's makeup as Hexagon looks to strengthen its leadership framework.

Hexagon AB is recognized globally as a leader in precision technologies, and with approximately 24,500 employees across 50 countries, it generates about 5.4 billion EUR in net sales. The company specializes in innovative digital solutions, including robotics and artificial intelligence, which are essential in transforming industries worldwide.

As Hexagon prepares for significant leadership changes, stakeholders are keen to see how Mr. Rosengren will navigate the company through its next growth phase. The AGM in May 2025 not only promises to validate this nomination but will also be a pivotal moment to set the course for Hexagon's future strategic initiatives. With ongoing developments in precision technology and digital transformation on the horizon, the leadership succession at Hexagon is likely to be closely monitored by industry experts and investors alike.

For further information on Hexagon’s ongoing projects and leadership changes, you can contact Tom Hull, Head of Investor Relations, or Anton Heikenström, Investor Relations Manager, at the provided contact details.