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Insider management

Sandvik complies with the EU Market Abuse Regulation (MAR) and related Swedish insider rules and regulations. Sandvik has also adopted an Insider Policy and Procedure applicable to all employees, that are updated on a regular basis. Internal trainings on the insider rules are arranged for relevant persons.

Persons discharging managerial responsibilities

Sandvik keeps a list of its persons discharging managerial responsibilities (PDMR) and their closely associated persons, as required by MAR. Sandvik’s PDMRs constitute the members and deputy members of the Sandvik AB Board as well as all members of the Group Executive Management. The PDMRs and their holdings of shares are presented in the table below.

For a Sandvik PDMR the following applies:

  • A PDMR must not trade in the company’s financial instruments during the 30-day period before the publication of Sandvik’s financial interim reports, the day of publication included (blackout period).
  • A PDMR must report any transactions made with Sandvik’s financial instruments to the Swedish Financial Supervisory Authority and Sandvik, within three days of the transaction taking place. These transactions are made public in the Financial Supervisory Authority’s PDMR transactions register.
  • A PDMR must request pre-clearance from the Group General Counsel before engaging in any transactions with Sandvik financial instruments.

PDMR shareholdings

Board of Directors
Name Position Shareholding*
Johan Molin Chairman of the Board 950,000
Claes Boustedt Board member 50,000
Marika Fredriksson Board member 2,500
Andreas Nordbrandt Board member 1,375
Susanna Schneeberger Board member 0
Helena Stjernholm Board member 5,000
Stefan Widing Board member 65,464
Kai Wärn Board member 12,000
Fredrik Håf Board member (employee representative) 2
Thomas Lilja Board member (employee representative) 4,840
Carl-Åke Jansson Deputy board member (employee representative) 1,120
Jessica Smedjegård Deputy board member (employee representative) 74

*The shareholdings are as of December 31, 2023. For information on transactions made since then, refer to the website of the Swedish Financial Supervisory Authority.

Group Executive Management
Name Position Shareholding*
Stefan Widing President and CEO, Sandvik AB, President of the Sandvik Manufacturing and Machining Solutions business area 65,464
Nadine Crauwels President of the Sandvik Machining Solutions business area segment 10,925
Mats Eriksson President of the Sandvik Mining and Rock Solutions business area 4,866
Cecilia Felton Executive Vice President and Chief Financial Officer 4,999
Richard Harris President of the Sandvik Rock Processing Solutions business area 5,772
Johan Kerstell Executive Vice President and Head of Human Resources 31,779
Mattias Nilsson President of the Sandvik Manufacturing Solutions business area segment 3,522
Björn Roodzant Head of Group Communications and Sustainability, Sandvik AB 3,873
Sofia Sirvell Executive Vice President and Chief Digital Officer (CDO), Sandvik AB 1,450
Åsa Thunman Executive Vice President and General Counsel, Sandvik AB 5,497

*The shareholdings are as of December 31, 2023. For information on transactions made since then, refer to the website of the Swedish Financial Supervisory Authority.

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