1. Board of Directors

Leif Johansson (first elected 2011)

• Chairman of the Board of Directors
• Chairman of the Remuneration Committee and of the Finance Committee
• Born 1951. Master of Science in Engineering, Chalmers University of Technology, Gothenburg, Sweden.
• Board Chairman: Astra Zeneca PLC, European Round Table of Industrialists and the International Advisory Board of the Nobel Foundation.
• Board Member: Svenska Cellulosa Aktiebolaget SCA and Ecolean AB.
• Holdings in Ericsson:* 17 933 Class B shares.
• Principal work experience and other information: President of the Royal Swedish Academy of Engineering Sciences. President and CEO of AB Volvo 1997-2011. Executive Vice President of AB Electrolux 1988-1991, President 1991-1994 and President and CEO of AB Electrolux 1994-1997. Holds honorary Doctorates at Blekinge Institute of Technology, the University of Gothenburg and Chalmers University of Technology. Awarded the Large Gold Medal of the Royal Swedish Academy of Engineering Sciences in 2011.

Sverker Martin-Löf (first elected 1993)

• Deputy Chairman of the Board of Directors
• Member of the Finance Committee
• Born 1943. Doctor of Technology and Master of Engineering, KTH Royal Institute of Technology, Stockholm, Sweden.
• Board Chairman: Svenska Cellulosa Aktiebolaget SCA, SSAB and AB Industrivärden.
• Board Member: Skanska AB and Svenska Handelsbanken AB.
• Holdings in Ericsson:* 10 400 Class B shares.
• Principal work experience and other information: President and CEO of Svenska Cellulosa Aktiebolaget SCA 1990–2002, where he was employed 1977–1983 and 1986–2002. Previous positions at Sunds Defibrator and Mo och Domsjö AB.

Jacob Wallenberg (first elected 2011)

• Deputy Chairman of the Board of Directors
• Member of the Finance Committee
• Born 1956. Bachelor of Science in Economics and Master of Business Administration, Wharton School, University of Pennsylvania, USA. Officer of the Reserve, Swedish Navy.
• Board Chairman: Investor AB.
• Deputy Board Chairman: SAS AB and SEB Skandinaviska Enskilda Banken AB (SEB).
• Board member: ABB Ltd, The Coca-Cola Company, The Knut and Alice Wallenberg Foundation and Stockholm School of Economics.
• Holdings in Ericsson:* 2 413 Class B shares.
• Principal work experience and other information: Chairman of the Board of Investor AB since 2005. Extensive experience in banking and finance, including experience from the commercial banks JP Morgan, New York and SEB. Appointed President and CEO of SEB in 1997 and appointed Chairman of SEB’s Board of Directors in 1998. Executive Vice President and CFO of Investor AB 1990-1993. Honorary Chairman of IBLAC (Mayor of Shanghai’s International Business Leaders Advisory Council) and member of The European Round Table of Industrialists.

Roxanne S. Austin (first elected 2008)

• Member of the Remuneration Committee
• Born 1961. Bachelor of Business Administration in Accounting, University of Texas, San Antonio, USA.
• Board Member: Abbott Laboratories, Abbvie, Teledyne Technologies Inc. and Target Corporation.
• Holdings in Ericsson:* 3 000 Class B shares
• Principal work experience and other information: President of Austin Investment Advisors since 2004. President and CEO of Move Networks Inc. 2009–2010. President and COO of DirecTV 2001–2003. Corporate Senior Vice President and CFO of Hughes Electronics Corporation 1997–2000, which she joined in 1993. Previously a partner at Deloitte & Touche. Member of the California State Society of Certified Public Accountants and the American Institute of Certified Public Accountants.

Sir Peter L. Bonfield (first elected 2002)

• Member of the Audit Committee
• Born 1944. Honors degree in Engineering, Loughborough University, Leicestershire, UK.
• Board Chairman: NXP Semiconductors N.V.
• Board Member: Mentor Graphics Inc., Sony Corporation and Taiwan Semiconductor Manufacturing Company, Ltd.
• Holdings in Ericsson:* 4 400 Class B shares.
• Principal work experience and other information: CEO and Chairman of the Executive Committee of British Telecommunications plc 1996–2002. Chairman and CEO of ICL plc 1985-1996. Positions with STC plc and Texas Instruments Inc. Member of the Advisory Boards of New Venture Partners LLP, the Longreach Group and Apax Partners LLP. Board Mentor of CMi. Senior Advisor, Rothschild, London. Chair of Council and Senior Pro-Chancellor, Loughborough University, UK. Fellow of the Royal Academy of Engineering.

Nora Denzel (first elected 2013)

• Born 1962. Master of Science in Business Administration, Santa Clara University, USA. Bachelor of Science in Computer Science, State University of New York, USA.
• Board Member: Coinstar, Inc., FirstRain Software, Saba Software, the Anita Borg Institute and YWCA of Santa Clara County.
• Holdings in Ericsson:* None.
• Principal work experience and other information: Senior Vice President for Big Data, Social Design and Marketing at Intuit 2011–2012 and Senior Vice President, Small Business Payroll Division at Intuit 2008–2011. Previous positions include Senior Vice President and General Manager of Hewlett-Packard's (HP) global software business and other positions within HP, Senior Vice President of product operations at Legato Systems Inc. (now a part of EMC) and a number of positions within IBM.

Börje Ekholm (first elected 2006)

• Member of the Remuneration Committee
• Born 1963. Master of Science in Electrical Engineering, KTH Royal Institute of Technology, Stockholm, Sweden. Master of Business Administration, INSEAD, France.
• Board Chairman: KTH Royal Institute of Technology, Stockholm and Nasdaq OMX Group Inc.
• Board Member: Investor AB, AB Chalmersinvest, EQT Partners AB and Husqvarna AB.
• Holdings in Ericsson:* 30 760 Class B shares.
• Principal work experience and other information: President and CEO of Investor AB since 2005. Formerly Head of Investor Growth Capital Inc. and New Investments. Previous positions at Novare Kapital AB and McKinsey & Co Inc.

Alexander Izosimov (first elected 2012)

• Born 1964. Master of Business Administration, INSEAD, France and Master of Science in Production Management Systems and Computer Science, Moscow Aviation Institute, Russian Federation.
• Board Member: East Capital AB, Modern Times Group MTG AB, EVRAZ Group S.A., Dynasty Foundation, Transcom WorldWide SA and International Chamber of Commerce (ICC).
• Holdings in Ericsson:* 1 600 Class B shares.
• Principal work experience and other information: CEO and President of VimpelCom 2003-2011. Previous positions with Mars Inc., including Member of the Global Executive Board and Regional President for CIS, Central Europe and Nordics. Earlier positions with McKinsey & Co as consultant in the Stockholm and London offices. Served as GSMA Board member 2005-2008 and Chairman of GSMA 2008-2010.

Ulf J. Johansson (first elected 2005)

• Chairman of the Audit Committee
• Born 1945. Doctor of Technology and Master of Science in Electrical Engineering, KTH Royal Institute of Technology, Stockholm, Sweden.
• Board Chairman: Acando AB and Eurostep Group AB.
• Board Member: European Institute of Innovation and Technology.
• Holdings in Ericsson:* 6 435 Class B shares.
• Principal work experience and other information: Founder of Europolitan Vodafone AB, where he was the Chairman of the Board 1990–2005. Previous positions at Spectra-Physics AB as President and CEO and at Ericsson Radio Systems AB. Member of the Royal Academy of Engineering Sciences.

Kristin Skogen Lund (first elected 2013)

• Born 1966. Master of Business Administration, INSEAD, France. Bachelor in International Studies and Business Administration, University of Oregon, USA.
• Holdings in Ericsson:* None.
• Principal work experience and other information: Director General of the Confederation of Norwegian Enterprise (NHO) since 2012. Executive Vice President and Head of Digital Services and Broadcast and Executive Vice President and Head of Nordic Region, Group Executive Management at Telenor 2010-2012. Previous positions include Chief Executive Officer and Commercial Director at Aftenposten, Chief Executive Officer at Scanpix, Managing Director and Editor in Chief at Scandinavia Online, and several positions at the Coca-Cola Company, Unilever and Norges Eksportråd.

Hans Vestberg (First elected 2010)

• Born 1965. Bachelor of Business Administration and Economics, University of Uppsala, Sweden.
• Board Chairman: ST-Ericsson and Svenska Handbollförbundet.
• Board Member: Thernlunds AB.
• Holdings in Ericsson:* 158 814 Class B shares.
• Principal work experience and other information: President and CEO of Telefonaktiebolaget LM Ericsson since January 1, 2010. Previously, First Executive Vice President, CFO and Head of Group Function Finance and Executive Vice President and Head of Business Unit Global Services. Various positions in the Group since 1988, including Vice President and Head of Market Unit Mexico and Head of Finance and Control in USA, Brazil and Chile. International advisor to the Governor of Guangdong, China and cochairman of the Russian-Swedish Business Council. Founding member of the Broadband Commission for Digital Development, and heading the Commission’s climate change working group. Member of the European Cloud Partnership Steering Board and the Leadership Council of the United Nations Sustainable Development Solutions Network.

Pär Östberg (first elected 2013)

• Member of the Audit Committee
• Born 1962. Master of Business Administration, Gothenburg School of Economics, Gothenburg, Sweden.
• Holdings in Ericsson:* None.
• Principal work experience and other information: Executive Vice President of AB Industrivärden since 2012. Executive Vice President at Volvo Group Truck Joint Ventures between January 2012 and October 2012. Several senior managerial positions within the Volvo group including Senior Vice President and President Trucks Asia at AB Volvo, Chairman of the Board of VE Commercial Vehicles Ltd, Senior Vice President and CFO at AB Volvo, CFO at Volvo Trucks France and senior positions at Volvo Treasury Asia Ltd, Singapore and Volvo Treasury Europe AB. Previous positions also include Senior Vice President, CFO at Renault Trucks and positions within Renault Crédit International (RCI) and Renault SA.

Pehr Claesson (first appointed 2008)

• Employee representative, Member of the Finance Committee
• Born 1966. Appointed by the union The Swedish Association of Graduate Engineers.
• Holdings in Ericsson:* 1069 Class B shares.
• Employed since 1997. Working with marketing and communication for Consulting and Systems Integration within Business Unit Global Services.

Kristina Davidsson (first appointed 2006)

• Employee representative, Member of the Audit Committee
• Born 1955. Appointed by the union IF Metall.
• Holdings in Ericsson:* 1 677 Class B shares.
• Employed since 1995. Previously working as repairer within Business Unit Networks and currently working full time as union representative.

Karin Åberg (first appointed 2007)

• Employee representative, Member of the Remuneration Committee
• Born 1959. Appointed by the union Unionen.
• Holdings in Ericsson:* 2 831 Class B shares.
• Employed since 1995. Working as a Service Engineer within the IT organization.

Rickard Fredriksson (first appointed 2012)

• Deputy employee representative
• Born 1969. Appointed by the union IF Metall.
• Holdings in Ericsson:* 905 Class B shares.
• Employed since 2000. Previously working as machine operator within Business Unit Networks and currently working full time as union representative.

Karin Lennartsson (first appointed 2010)

• Deputy employee representative
• Born 1957. Appointed by the union Unionen.
• Holdings in Ericsson:* 509 Class B shares.
• Employed since 1976. Working as Process Expert within Group Function Finance – Process Management.

Roger Svensson (first appointed 2011)

• Deputy employee representative
• Born 1971. Appointed by the union The Swedish ,Association of Graduate Engineers.
• Holdings in Ericsson:* 8 156 Class B shares.
• Employed since 1999. Working as Senior Specialist Test Strategy Power Amplifier within Business Unit Networks.

Hans Vestberg is the only Director holding an operational management position at Ericsson.

No Director has been elected pursuant to an arrangement or understanding with any major shareholder, customer, supplier or other person.

* The number of shares reflects ownership as of March 1, 2013 and includes holdings by related natural or legal persons, as well as holdings of any ADS, if applicable. Updated information on shareholding can be found at the website of the Swedish Financial Supervisory Authority.