50 Corporate Governance Report

Board of Directors and auditors

Appointed by the Annual General Meeting

Anders Narvinger Ulf Wiinberg Margareth Øvrum Ulla Litzén Chairman since 2003. Board member since 2013. Board member since 2015. Board member since 2006. Born: 1948 Born: 1958 Born: 1958 Born: 1956

Formerly President of Acting CEO of Hansa Medical AB. Executive Vice President and Former positions include Teknikföretagen and President Formerly CEO of H. Lundbeck member of Group management at President of W Capital and CEO of ABB Sweden. A/S, Director of Wyeth Statoil ASA. Previously held senior Management and various senior Education: BSc. Eng. from the Pharmaceuticals, EMEA/Canada positions in a number of areas in positions at Investor. Faculty of Engineering at Lund & BioPharma, and a number of Statoil’s Norwegian operations, Education: BSc. Econ from the University, BSc. Econ from other senior positions in Wyeth. including technology, projects, Stockholm School of Economics, Uppsala University. Chairman of the Board: production, maintenance, health, MBA from the Massachusetts safety, environment and purchasing. Chairman of the Board: ÅF AB. Trialbee AB and Sigrid Institute of Technology. Therapeutics. Education: Master’s degree in Board member: Electrolux AB, Independent of the company Technical Physics from the and major shareholders. Board member: UCB Pharma, Husqvarna AB, NCC AB and Agenus Inc and Hansa Medical AB. Norwegian University of Science Ratos AB. Number of shares in Alfa Laval: and Technology in Trondheim. 40,000* (40,000**) Independent of the company Independent of the company and major shareholders. Board member: FMC and major shareholders. Corporation. Number of shares in Alfa Laval: Number of shares in Alfa Laval: 20,000* (20,000**) Independent of the company and 29,000* (29,000**) major shareholders. Number of shares in Alfa Laval: –

Finn Rausing Jörn Rausing Anna Ohlsson-Leijon Gunilla Berg Board member since 2000. Board member since 2000. Board member since 2017. Board member since 2004. Born: 1955 Born: 1960 Born: 1968 Born: 1960

Education: B.L., MBA from Head of Mergers and CFO of AB Electrolux. CFO of the PostNord Group. INSEAD. Acquisitions (M&A) in the Tetra Former positions include CFO Former positions include Board member: Tetra Laval Laval Group. of Electrolux Major Appliances Executive Vice President and Group, DeLaval Holding AB, Education: BSc. Econ. EMEA, Head of Corporate Control CFO of the SAS Group and EQT AB, Swede Ship Marine AB Board member: Tetra Laval and Services at Electrolux, Executive Vice President and and Excillum AB. Group, Ocado PLC and DeLaval Group Treasurer and Head of CFO of the KF Group. Independent of the company. Holding AB. Internal Audit at Electrolux. Declined re-election at the 2017 Number of shares in Alfa Laval: Independent of the company. Education: BSc. Econ. from Annual General Meeting. Linköping University. – Number of shares in Alfa Laval: – Independent of the company and major shareholders. Arne Frank Number of shares in Alfa Laval: Re-elected by the 2017 Annual – General Meeting but passed away during the year.

*Holdings at December 31, 2017. **Holdings at December 31, 2016. Corporate Governance Report 51

Employee representatives

Henrik Nielsen Susanne Jonsson Bror García Lantz Employee representative Employee representative Employee representative since 2015. since 2016. since 2012.

Born: 1968 Born: 1958 Born: 1965

Employed by Alfa Laval since Employed by Alfa Laval since Employed by Alfa Laval since 1994. 2008. 1990. Employee representative for the Employee representative for the Employee representative for the Swedish Metal Workers’ Union Swedish Confederation of Swedish Union of Clerical and (IF Metall). Professional Associations (SACO). Technical Employees in Industry Number of shares in Alfa Laval: Number of shares in Alfa Laval: (Unionen). – – Number of shares in Alfa Laval: 100* (100)** Corporate Governance

Deputy employee representatives

Leif Norkvist Stefan Sandell Johnny Hultén Christer Olofsson Deputy member since 2009. Deputy member since 2005. Deputy member since 2017. Deputy member since 2015. Born: 1961 Born: 1971 Born: 1961 Born: 1972 Employed by Alfa Laval since 1993. Employed by Alfa Laval since 1989. Employed by Alfa Laval since 1977. Employed by Alfa Laval since 1998. Deputy employee representative for Deputy employee representative Deputy employee representative for Deputy employee representative for the Swedish Metal Workers’ Union for the Swedish Organization for the Swedish Metal Workers’ Union (IF the Swedish Metal Workers’ Union (IF (IF Metall). Managers (Ledarna). Metall).* Metall).**

*Took up position on July 24, 2017. **Stepped down as deputy employee representative on July 24, 2017.

Auditors Deputy auditors

Håkan Olsson Reising Joakim Thilstedt David Olow Duane Swanson Authorized Public Accountant, Authorized Public Accountant, Authorized Public Accountant, Authorized Public Accountant, KPMG. KPMG. KPMG. KPMG. Born: 1961 Born: 1967 Born: 1963 Born: 1959 Company auditor since 2014. Company auditor since 2016. Deputy auditor for Alfa Laval since Deputy auditor for Alfa Laval since 2014. 2014.

*Holdings at December 31, 2017. **Holdings at December 31, 2016.