New CEO for Lammhults Design Group

Fredrik Asplund has been appointed as new CEO for the Lammhults Design Group.
Mr. Asplund replaces Mr. Rothstein who has decided to step down from his
position after six years at the helm of the company. The change will be
effective as of today.

"We are delighted to welcome Fredrik Asplund onto the position as CEO of
Lammhults Design Group and feel that his credentials and background are ideal
for the next phase of the Group's development. His prime tasks will be to
accelerate organic growth, pursue acquisition opportunities and deliver
increased profitability" comments Anders Pålsson, Chairman of the Board.
"Lammhults Design Group is an excellent company with a good team and I would
like to thank Anders Rothstein for his commitment and contribution to the Group
during the past years", Anders Pålsson concludes.

Fredrik Asplund, 47, has a Master of Science in Industrial Engineering and
Management and latterly worked five years in Lekolar Group as CEO. Fredrik has
also served within IKEA during twelve years.

" Fredrik has a well documented experience, operational as well as strategic, to
establish profitable business development. Moreover, Fredrik has international
experience to lead a team towards good results, which gives accurate conditions
to further development of the Group" comments Anders Pålsson. "This is a great
honour and opportunity, together with all colleauges in Lammhults Design Group,
to lead and develop a Group with such strong brands, within the design furniture
market in Scandinavia. I am confident that my experience and great interest in
furniture and design will be an asset, says Fredrik Asplund.

Lammhult, Sweden, August 17, 2015

Anders Pålsson, Chairman of the Board of Directors

Media contact: Anders Pålsson, Chairman BoO, +46703 203 202

or Fredrik Asplund, CEO, +46 736 569 810

Information public August 17, 2015 at 12.00 CET.