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Joakim Efraimsson appointed as Managing Director of Wästbygg AB

Regulatory

In January, the decision to merge our construction and project development activities within Residential and Commercial, into a joint organisation was announced. Joakim Efraimsson has now been appointed Managing Director of Wästbygg AB, our recently merged business. Joakim will commence his new assignment and a seat in the Group Management team on June 1 this year. Jörgen Andersson, CEO, who since the merger temporarily held the position as Managing Director of Wästbygg AB, will return to focus entirely on his duties as CEO of the Wästbygg Group.

Joakim was hired by Wästbygg in 2010 and have over the years held various positions which allowed him to accumulate a deep and profound knowledge of our business and internal processes. Joakim latest role has been that of Operations Manager Residential.

– It is very satisfying to offer Joakim the position as Managing Director of Wästbygg AB. Joakim have the right skills and experience to leverage the further development of our Residential and Commercial business areas. Joakim is also very appreciated for his leadership qualities, it feels especially nice to be able to nominate him as an internal candidate. Not only does this show our succession planning works, it also allows us to continue our important work without interruption, particularly considering that we recently merged our activities within Wästbygg AB into a joint organisation, says Jörgen Andersson.

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For more information, please contact:

Jörgen Andersson, CEO, Wästbygg Gruppen AB
Telephone: +46 703 23 32 02
E-mail: jorgen.andersson@wastbygg.se

About Wästbygg

The Wästbygg Group is a construction and project development company with operations in the most
rapidly expanding markets in Sweden. We build and develop residential, commercial buildings and
community service properties, as well as logistics and industrial facilities – always with a strong focus
on sustainability.

The company was founded in 1981 in Borås. Today, Wästbygg has offices in Gothenburg, Stockholm,
Malmö, Jönköping, Helsingborg and Varberg, as well as through the Group company Logistic
Contractor in Copenhagen, Oslo and Helsinki. The Wästbygg Group is listed on Nasdaq Stockholm. In
2020 we had a revenue of about SEK 3,8 billion and 310 employees.