New Board Directors in Nynas AB appointed

At the Annual General Meeting in Nynas AB, the following new Directors of the Board were appointed:

• Stein Ivar Bye - new Chairman of the Board: An independent director bringing thirty years of experience in the downstream industry with previous working experience at ExxonMobil, Preem AB and Essar Oil UK and has been a member of the Nynas board since August 2021.
• Ewa Björling - new Director of the Board: An experienced and professional board member in different companies and industries. Currently she serves as a board member in Essity AB (publ), Biogaia AB (publ), chairman Xolaris AB and Min Doktor AB. Her background is as an Associate professor in Virology from Karolinska Institute, Member of Parliament between 2002-2014 and Minister for Trade in the Swedish government 2007-2014.
• Christopher Plummer - new Director of the Board: An experienced investment professional and fundamental credit analyst from Davidson Kempner, with a career covering a broad range of strategies including distressed, performing corporates and real estate.

In the same meeting the following changes were made:

Magnus Wittbom resigns as Chairman of the Board and Fredrik Lundström as Director of the Board.

Pia Ovrin resigns as Employee representative and is replaced by Alireza Saberi.

Solutions for the transition to a sustainable society

Nynas offers bitumen and naphthenic specialty products for applications that touch people’s lives every day, for example in electrification and road infrastructure. Our core competence is to refine heavy molecules into high performance, long-lasting specialty products. We operate in an international market with a strong focus on Europe, working closely with customers to create solutions to meet challenges and capture opportunities in the transition to a sustainable society.