G34 Events after the end of the period

From January 1, 2022 Sandvik Materials Technology has been classified as asset held for distribution.

Sandvik appointed Cecilia Felton as Executive Vice President and Chief Financial Officer, CFO, effective February 1, 2022. Cecilia Felton, who served as interim CFO since November 1, 2021, will also be a member of the Group Executive Management.

Sandvik has completed the acquisition of the tube engineering solutions company Gerling GmbH. The company will be reported within Sandvik Materials Technology.

As a result of the ongoing war in Ukraine, Sandvik is continuously following up on risks and mitigating activities to reduce the impacts on the Group. In 2021, the revenues from Russian customers amounted to SEK 3.6 billion (3.6 percent of total Group revenue) and from Ukrainian customers to SEK 0.2 billion (0.2 percent of total Group revenue).