Board of Directors

(Born 1960)
Education: Senior High School, Business economics

• MESON AB, Board member

Jan Öhman has an extensive experience from CFO responsibilities and the administration of listed companies. Most recently he was the CFO of Nasdaq Stockholm main listed Industrivärden AB between 2019-2022. Previously he has held CFO positions at, among others, IPCO AB between 2018-2019, Indutrade AB between 2014-2018, and Sandvik group companies between 2006-2014. In addition, he has held several senior positions at Boliden.

Öhman was elected as a member of NYAB’s Board of Directors in April 2023 and was appointed Chairman of the Board on 27 September 2023. He is independent of the company and its major shareholders.

Shareholdings in NYAB Plc:

• 210 000 shares

(Born 1963)
Education: Engineer in mechanical and metal engineering

• Family company PM Ruukki Oy, Chairman of the Board
• Suomen AktiiviOmistus Oy, Chairman of the Board
• Wetteri Oyj, Chairman of the Board

Markku Kankaala is an entrepreneur and active owner from Northern Ostrobothnia. Since 2020, he has been the CEO of PM Ruukki Oy. He is also the founder of Afarak Group Plc (formerly Ruukki Group Plc) and served as a Member of the Board of Directors from 1993 to 2017. He was a Board Member in Enersense International Oyj from 2020 to 2021. In addition, he has been on the Board of approximately 50 companies.

Kankaala started as a member of the Board of Directors in July 2021. He was the Chairman of the Board until 27 September 2023, after which he continues as Vice Chairman. Kankaala is independent of the company and its major shareholders.

Shareholdings in NYAB Plc:

• PM Ruukki Oy: 27 117 491 shares

(Born 1972)
Education: Master of Science in Industrial and Management Engineering

• Backgatan Industri (family company), owner
• Runway Safe Group, Board member
• Mobilaris AB, Board member
• Air Spiralo Group, Senior Advisor

Anders Berg has 25 years of international experience from construction, e-commerce, and general industry. Most recently he was the CEO of First North Sweden listed OXE Marine AB between 2022-2023 and previously the Chairman of the Board in the company between 2018-2022. Previously he has been, among others, CEO at Stockholm main listed Lindab AB between 2013-2017, Board member at Byggmax AB between 2019-2021, and President & CEO of Plannja AB between 2004-2010. He has also held senior positions at SSAB and Diab Group and served as a senior advisor to several industrial companies.

Berg was elected as a member of NYAB’s Board of Directors in April 2023. He is independent of the company and its major shareholders.

Shareholdings in NYAB Plc:

• 327 592 shares

(Born 1956)

• Luleå Näringsliv, Chairman of the Board
• Mobilaris AB, Chairman of the Board
• Blastr Green Steel A/S, Chairman of the Board
• LTU Holding AB, Chairman of the Board
• WIBAX AB, Board member
• Predge AB, Board member
• Blastr Green Steel AB, Board member
• Vanir Green Industries A/S, Board member
• PartnerInvest Norr AB, Board member
• Johrika AB, CEO and Board member

Lars-Eric Aaro started as a Board member of NYAB Plc in December 2022. He is a mining engineer (M.Sc.) from Luleå Technical University and holds an Honorary Doctorate in Engineering Science. He was President & CEO at LKAB between 2009-2015 and Executive Vice President & Head of Corporate Sales at AFRY between 2015-2018. Previously he has also worked at Boliden and Outokumpu, among other companies. Currently he has several board and advisory positions in various companies, as well as an extensive business network.

Aaro is independent of the company and its major shareholders.

(Born 1957)
Education: Master of Science (Economics)

Barbro Frisch has been a self-employed management consultant since 2008. Her assignments have included, among others, interim CEO position at housing development company Einar Mattsson Projektutveckling AB, interim purchasing manager position at construction group Veidekke, as well as several advisory tasks at Skanska Group. She has also been a Board member, among others, at Swedish Lorry Parts AB between 2020-2023.

Frisch was elected as a member of NYAB’s Board of Directors in April 2023. She is independent of the company and its major shareholders.

Shareholdings in NYAB Plc:

• 17 800 shares

(born 1980)

• Holding Investment Förvaltning i Luleå AB, Chairman of the Board
• Bingab Barents Investment Group AB, Board member
• Barents Fastigheter AB, Board member
• Luleå Business Region AB, Board member

Johan Larsson is an entrepreneur from Luleå, who was the CEO of group company NYAB Sverige AB between 2012-2022, and was appointed CEO of NYAB Plc on 1 April 2022. He has been an entrepreneur in several growth companies in different industries and a board member in almost 30 companies. He is the founder of NYAB Plc’s largest shareholder Holding Investment Förvaltning i Luleå AB and an investment company Barents Investment Group AB and has positions of trust e.g. as the Board member of Luleå Business Region. He was elected member of NYAB Plc’s Board of Directors in March 2022.

Larsson is not independent of the company nor its major shareholders. He owns 50% of a major shareholder Holding Investment Förvaltning I Luleå AB and belongs to the operative management of the group.

Shareholdings in NYAB Plc:

• Johan Larsson: 771 300 shares
• Bingab Barents Investment Group AB: 3 929 000 shares
• Holding Investment Förvaltning i Luleå AB (Larsson’s ownership 50%): 242 350 000 shares

(Born 1960)

• JKN Advokat AB, Board member
• JKN Advokatbyrå AB, Board member
• Brf Ingenjören 14, Board member
• Hubert Best AB, Board member
• Lundqvist Advokatbyrå AB, Board member

Johan K Nilsson is an attorney who has specialized in construction law and has long-standing experience in legal functions of companies in the construction industry. He has been a corporate lawyer in Peab Group in 2003-2016 and Skanska Group in 1998-2003. In 2013-2016 he was the Chief Legal Officer of Peab Group. He has had positions of trust e.g. as a Board member of Swedish Construction Contract Committee in 2001-2011. Currently, Nilsson operates as the partner of JKN Attorneys, as well as arbitrator and lecturer in matters regarding construction law. He was elected member of NYAB Plc’s Board of Directors in March 2022.

Nilsson is independent of the major shareholders, but not of the company. He is a partner in an attorney firm that provides group companies with legal services regarding projects that belong to their business operations.

(Born 1957)
Education: Engineer

Jari Suominen has 40 years of international experience in the field of energy. From 1981 to 2007, he worked for ExxonMobil and from 2007 to 2019 for the St1 Group in various management positions related to fuels, electricity and heat production, responsible for St1’s renewable energy business in Finland, Sweden and Norway. Nowadays, Suominen is the advisor to the CEO of St1. He has served on the Board of Directors of NYAB Plc since July 2021.

Suominen is independent of the company and its major shareholders.

Shareholdings in NYAB Plc:

• 39 000 shares

(Born 1971)
Education: Master of Laws

• St1 Nordic Oy, Board member
• Mininvest Oy, founder and owner

Kim Wiio is a major shareholder in St1 Nordic Oy, where he has held management and Board positions since 2001. He was the CEO of the company between 2007-2018 and is currently a member of the Board of Directors. Wiio has a versatile management experience throughout Nordic countries and has  been involved in numerous initiatives that aim at utilizing emission-free technology in energy production. He has also participated in multiple domestic and cross-border mergers and acquisitions.

Wiio was elected as a member of NYAB’s Board of Directors in April 2024. He is independent of the company and its major shareholders.

Shareholdings in NYAB Plc:

• Mininvest Oy: 24,031,791 shares