The acquisition by EQT Private Equity (EQT) of 29.6% of the capital and 26.4% of the votes in Beijer Ref (publ) from Carrier Global Corporation (Carrier) was completed on 22 December 2020.

As a consequence of the completion of the acquisition Albert Gustafsson from EQT will replace Muriel Makharine from Carrier in the Nomination Committee. Consequently, the Nomination Committee will comprise the following members:

Bernt Ingman, Chairman of Beijer Ref’s board of directors

Joen Magnusson, Member of Beijer Ref’s board

Patrica Hedelius, AMF Pension

Albert Gustafsson, EQT

Tommi Saukkoriipi, SEB Investment Management and Chairman of the nomination committee

Shareholders who wish to contact the Nomination Committee to propose members to Beijer Ref AB’s Board of Directors can contact Tommi Saukkoriipi, SEB Investment Management, telephone: 0771-62 10 00, e-mail: tommi.saukkoriipi@seb.se or info@beijerref.com

Malmö 23 December 2020

For more information, please contact:

Per Bertland, CEO

Telephone +46 40-35 89 00

Email pbd@beijerref.com

Maria Rydén, CFO

Telephone +46 40-35 89 00

Email mrn@beijerref.com

BEIJER REF AB is a technology-oriented trading Group which, through added-value products, offers its customers competitive solutions within refrigeration and climate control. Beijer Ref is one of the largest refrigeration wholesalers in the world, and is represented in 36 countries in Europe, Africa, Asia and Oceania.

www.beijerref.com