Defense and security company Saab is a globally leading manufacturer of specialized defense products with manufacture at several locations around Sweden. Coor and Saab has worked together since 2003.

In the new five-year contract period, new services and new facilities will be added to Coor's delivery, while property management services will be carried out by another supplier, where all services will be delivered to Saab in an IFM solution.

The agreement means that Coor will continue to develop and secure high-quality and cost-efficient delivery of a broad range of services, mainly cleaning, but also reception and waste management at most of the company's sites in Sweden.

"We're obviously delighted about the renewed confidence Saab has shown in us delivering services to Saab's security classified facilities in Sweden. We look forward to continuing to develop our collaboration with a focus on sustainability, efficiency, flexibility, and continuous improvements," commented AnnaCarin Grandin, President and CEO at Coor.

Please find more information, images etc. at www.coor.com  (http://www.coor.com)or contact:

AnnaCarin Grandin,President and CEO, Coor

+46 10 559 57 70

annacarin.grandin@coor.com

Andreas Engdahl, CFO and IR Director, Coor

+46 10 559 5463

andreas.engdahl@coor.com

Magdalena Öhrn, Communications Director, Coor

+46 10 559 5519

magdalena.ohrn@coor.com

About Coor:

As the leading provider of facility management services, Coor aims to create the happiest, healthiest, and most prosperous workplace environments in the Nordic region. Coor offers specialist expertise in workplace services, property services and strategic advisory services. Coor creates value by executing, developing, and streamlining our customers' service activities. This enables our customers to do what they do best.

Coor's customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, Aibel, Alleima, the Danish Building and Property Agency, DNV, DSB, Equinor, ICA, IKEA, Karolinska University Hospital in Solna, PKA - "Danish Police, Public Prosecution Authority and Prison and Probation Service", PostNord, Saab, SAS, Skanska, Swedbank, Telia Company, Vasakronan and Volvo Cars.

Coor was founded in 1998 and has been listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com