Fastighets Balder (BALD) Status Update summary

Leadership changes

• Sharam Rahi appointed as new CEO, succeeding Erik Selin after the 2026 AGM.

• Erik Selin to become Executive Chairman, focusing on capital allocation, investments, and financing.

• Sten Duner to step down as chairman and remain as a regular board member.

• Major shareholders and institutional investors support the leadership transition.

Strategic direction and continuity

• Leadership change is part of a planned succession to ensure continuity and stable growth.

• Sharam Rahi has been with the company since inception, previously serving as deputy CEO and CEO of the Finnish subsidiary.

• Focus remains on acquisitions, property development, and strong property management.

• Commitment to creating shareholder value and further developing the business.

Company overview and communication

• Operates in Sweden, Denmark, Finland, Norway, Germany, and the UK, with a property portfolio valued at SEK 226.1 billion as of June 2025.

• Listed on Nasdaq Stockholm, Large Cap, with headquarters in Gothenburg.

• Online press conference scheduled for August 18, 2025, to discuss the leadership transition.