People: H & M Hennes & Mauritz AB (HMb.ST)

Mr. Karl-Johan Persson has served as Managing Director and Chief Executive Officer of H & M Hennes & Mauritz AB since July 1, 2009. He was previously Member of the Board of Directors of the Company between 2006 and February 11, 2009. Formerly, he held an operational role within the Company from 2005, including working as head of expansion, business development, brand and new business. Since 2000, he has been Member of the Boards of the Company’s subsidiaries in Denmark, Germany, the United States and the United Kingdom. Also, between 2001 and 2004, he served as Chief Executive Officer of European Network. Mr. Persson holds external board assignments at the Swedish Chamber of Commerce in the United Kingdom and the GoodCause foundation. He has obtained a Bachelor of Arts degree in Business Administration from European Business School.