Changes in personnel

The Board of Directors appointed Niklas Ekvall as CEO of AP4 to succeed Mats Andersson, who ended his role as CEO on  June 30, 2016; Niklas Ekvall assumed the role of CEO on October 1, 2016. Magnus Eriksson, Deputy CEO, also resigned during the year. Employee turnover was at a normal level during the year, and at year-end the number of employees totalled 54 (55) people.