Delvaux to lead Atlas Copco construction team

August 18, 2011 – Atlas Copco has appointed Nico
Delvaux to be president of the construction technique business area and
a member of group management, effective October 1, 2011. Delvaux is
currently president of the compressor technique service division.

“Nico has good strategic capabilities, a strong commitment in execution
and a broad knowledge of our global industrial businesses. These will be
great assets for the development of our new construction technique
business area and for the Atlas Copco group,” says Ronnie Leten, CEO and president of the Atlas Copco group.

Delvaux is a Belgian citizen, born 1966, with a degree in electromechanics from the University of Brussels and an MBA from the
Handelshogeschool in Antwerp, Belgium. He started his career with Atlas
Copco in 1991 as a quality assurance engineer in the oil-free air
division in Antwerp. He has managed positions in sales, marketing,
aftermarket, quality management, acquisition-integration management and
general management, in markets including Benelux, Italy, Canada and the
United States. He has held his current position since January 2008.

The construction technique business area was formed on July 1,
consisting of the road construction, equipment, construction tools, portable energy and service divisions.

Delvaux and his team will have the mission to achieve strong volume
growth and profitability through developing the business area’s market
presence and by having a continuous flow of innovative products. Delvaux will be based in Antwerp until July 1, 2012, when he will
relocate to China.

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