Saab’s deputy CEO Lena Olving leaves for new job

Defence and security company Saab’s deputy CEO and Chief Executive Officer Lena
Olving leaves her position to take up a new job as President and CEO of listed
technology company Micronic Mydata AB. Lena Olving leaves Saab at the end of the
second quarter in 2013.

Lena Olving began her career at Saab in 2008 as Executive Vice President of
business area Systems & Products and, since January 1 2010, has held the role of
deputy CEO and Chief Operating Officer. In that role she has, among other
things, been responsible for developing and making Saab’s business and
operations more efficient, both in Sweden and abroad. Lena Olving has also been
a driving force in improving Saab’s work with gender equality.

”I’m very happy forLena. She has had a central position at Saab and has been a
strong force in taking the company into a new era. I’m grateful for her clear
focus on results, her efforts in driving the company forward and I wish her the
best of luck in her coming role,” says Saab President and CEO Håkan Buskhe.

“It has been five incredibly exciting years at Saab. The defence sector has been
through big changes as we at the same time have managed to win several big
orders around the world. We have launched several important change processes
that have contributed to making Saab more efficient, which has contributed to an
even more competitive company on the global defence and security market,” says
Lena Olving.

Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs.