Pierre Heeroma – New Director Group Strategy and Business Development at Boliden

Regulatory News:

Boliden's (STO:BOL)(TSX:BOL) former Exploration Director, Pierre Heeroma, has been appointed Director Group Strategy and Business Development.

Pierre Heeroma joined Boliden as Exploration Director in 2006 after a career within geology and exploration both in Sweden and abroad. He has spent a large part of his active career working for the French mining company, Cogema AS and its successor Areva NC.

Hans Årebäck will succeed Pierre Heeroma as Exploration Director for Boliden. Hans Årebäck, a trained bedrock geologist, has been employed at Boliden since 1997, including, among other positions, as an exploration geologist.

Eva Kaijser, SVP Strategy and Business Development and a member of the Group’s management team, has chosen to leave Boliden. Boliden's management would like to extend a warm thank you to Eva for all her hard work during the 11 years she has spent with the Group. As a result of the this, Boliden's Group management will now comprise: Lennart Evrell - President and CEO, Johan Fant – CFO, Marianne Lindholm - SVP Legal Affairs, Jan Moström - President Business Area Mines, Svante Nilsson - President Business Area Smelters, Henrik Östberg - SVP Human Resources and Sustainability.

Boliden is a leading European metals company whose core competence is in the fields of exploration, mining, smelting and recycling. Boliden's main metals are zinc and copper. Other important metals extracted and refined include lead, gold and silver. The operations are conducted in two Business Areas: Mines and Smelters. The number of employees is approximately 4 600 and the turnover amounts to approximately SEK 30 billion annually. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap and on the Toronto Stock Exchange in Canada.

www.boliden.com

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