Regulatory News:
Gunnar Larsson has notified the nomination committee of Scania (STO:SCVA)(STO:SCVB) that he is no longer available for re-election to the Board due to other duties.
The nomination committee of Scania proposes the election of Prof. Dr. Ferdinand K. Piëch as member of the Board of Scania at the Annual General Meeting of Scania which is held on Friday 4 May 2012.
Prof. Dr.Piëch is Chairman of the Supervisory Boards of Volkswagen AG and MAN SE. He was Chairman of the Board of Scania between 2000 and 2002 and member of the Board of Scania between 2002 and 2003.
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products account for a growing proportion of the company's operations, assuring Scania customers of cost-effective transport solutions and maximum uptime. Scania also offers financial services. Employing some 37,500 people, the company operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2011, net sales totalled SEK 87.7 billion and net income amounted to SEK 9.4 billion. Scania press releases are available on www.scania.com
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Contacts:
Scania AB
Erik Ljungberg, Senior Vice President Corporate
Relations
tel. +46 73 988 35 57.
