The Hexagon Board of Directors has appointed Anders Svensson as President and CEO. Anders Svensson will take office on 20 July 2025 at the latest, succeeding Norbert Hanke, who will continue as interim President and CEO until then.

Anders Svensson joins Hexagon from Konecranes (Nasdaq Helsinki: KCR), a global leader in material handling solutions, where he has been President and CEO since October 2022. Prior to his current role, Anders Svensson has held various leadership positions within Sandvik since 2008. Most recently he was President of Sandvik Rock Processing Solutions and a member of Sandvik group executive management. Anders Svensson is a Swedish citizen and holds a Master's Degree in Chemical Engineering.

"I am very pleased to announce the appointment of Anders Svensson as the new President and CEO of Hexagon. He has a strong track record, in terms of leadership experience, enhancing company culture, driving customer-centricity and delivering strong growth and improved profitability. Under Anders' leadership, Hexagon will be well placed to capture the exciting opportunities that lie ahead, and deliver on our existing financial targets," says Ola Rollén, Chairman of the Board of Hexagon AB. "I would also like to take this opportunity to thank Norbert Hanke for his continuing dedication to Hexagon, most recently as acting President and CEO."

"I feel privileged that the Board has given me the opportunity to lead Hexagon at such an exciting time. Hexagon, with its market leading positions in both sensors and software, history of innovation and strong culture is uniquely placed to capture many of the disruptive growth opportunities that lie ahead, across autonomy, robotic solutions, digital twins and the application of AI. I very much look forward to working with new colleagues around the world and building on a great foundation for profitable growth and future success," says Anders Svensson.

For further information, please contact:
Tom Hull, Head of Investor Relations, Hexagon AB, +44 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8 601 26 26, ir@hexagon.com

This information is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 20 January 2025.

Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.