Group Management

The CEO reports to the board of directors and is responsible for Balco’s day-to-day management and operations. The allocation of work between the board of directors and the CEO is stated in the work procedures for the board of directors and the instructions for the CEO. The CEO is also responsible for preparing reports and compiling information from management prior to meetings of the board of directors and presenting the material at board meetings. The CEO monitors compliance with Balco’s goals, policies and strategic plans as adopted by the board of directors and is also responsible for regularly informing the board of directors regarding the company’s performance.

The CEO leads the management of the company and is responsible for the overall development of the business. In addition to the CEO, Balco’s management consists of central group functions with clear areas of responsibility. There are six senior executives with responsibility for handling finance, IT, personnel, quality assurance, purchasing, production, operations, communications and markets.

230926 Balco FJL 021 Camilla Ekdahl Min 230926 Balco FJL 021 Camilla Ekdahl Min
Camilla Ekdahl / CEO and COO and Managing Director Balco AB

Employed since: 2019

Education: Master of Science in Mechanical Engineering from Chalmers University of Technology.

Other current positions: Board member of Haglund Industri AB. Board member of the business area board of Nibe Climate Solutions.

Previous positions and professional experience: COO Pelly Group AB, Operations manager/Managing Director Isaberg Rapid AB, Site manager Rapid Granulator AB, Logistics manager Thule Sweden AB.

Own and closely associated holdings: 17,000 shares

Subscription warrants: 50,000 warrants

230926 Balco FJL 138 Michael Grindborn Min 230926 Balco FJL 138 Michael Grindborn Min
Michael Grindborn / CFO and Head of IR and Responsible for Sustainability

Employed since: 2019

Education: MBA from Linnæus University in Växjö. Master degree in Business Administration S.D.A Bocconi School of Management.

Other current positions: –

Previous positions and professional experience: CFO Lammhults Design Group AB, Finance Director Gislaved Gummi AB/Hexpol Engineered Products. CFO for the Nordics & the Baltics, Recticel AB, CFO Animex AB, CEO Forshedaverken AB, CFO Dolomite AB, CFO IST Group.

Own and closely associated holdings: 11,040 shares

Subscription warrants: 35,000 warrants

230926 Balco FJL 094 Johan Fälth Min 230926 Balco FJL 094 Johan Fälth Min
Johan Fälth / Head of Marketing and Sales Manager Balco AB

Employed since: 2010

Education: Masters degree in corporate finance from Linnæus University.

Other current positions: –

Previous positions and professional experience: Head of HR at Tenneco Automotive Sverige AB, Linnæus University and consultant at Adecco AB.

Own and closely associated holdings: 16,040 shares

Subscription warrants: 22,166 warrants

230926 Balco FJL 234 Jesper Magnusson Min 230926 Balco FJL 234 Jesper Magnusson Min
Jesper Magnusson / Head of Human Resources

Employed since: 2014

Education: Bachelor of Philosophy with focus on Human Resource Management, Linnæus University in Växjö.

Other current positions: –

Previous positions and professional experience: Office manager, head of consulting and recruiting at Adecco AB.

Own and closely associated holdings: 5,000 shares

Subscription warrants: 22,166 warrants