The Board of Directors appoints the President and CEO and Executive Vice Presidents. Management of day-to-day operations is the responsibility of the President and CEO and the Group Management Team which in addition to the president and CEO, consist of the Chief Financial Officer, the Chief Technology Officer, the heads of Group Functions and the head of the three Business Units: Networks, Global Services and Multimedia.

The Extended Management Team consists of the members in the Group Management Team and:

• Cesare Avenía, Vice President and head of Market Unit South East Europe and head of Global Customer Account Telecom Italia
• Bo-Erik Dahlström, Vice President and head of Market Unit Middle East
• Mats Granryd, Vice President and head of Market Unit India & Sri Lanka;
• Jan Embro, Vice President and head of Market Unit Sub Saharan Africa
• Björn Hemstad, Vice President within Group Function Sales & Marketing and chairman of the Market Units Central Europe, Eastern Europe & Central Asia, Israel & Turkey, Middle East, Saudi Arabia, Sub Saharan Africa and Northern Africa
• Jaqueline Hey, Vice President and head of Market Unit North Western Europe and head of Global Customer Account Vodafone
• Ingemar Naeve, Vice President and head of Market Unit Iberia and head of Global Customer Account Telefónica;
• Mats Olsson, Vice President and head of Market Unit Greater China;
• Torbjörn Possne, Vice President and head of Market Unit Northern Europe and head of GlobalCustomer Account Deutsche Telekom;
• Angel Ruiz, Vice President and head of Market Unit North America;
• Jan Signell, Vice President and head of Market Unit South East Asia;

During 2007, the officers below were also members of the Extended Management Team of the Company:

• Sivert Bergman: head of Integration & Governance within Business Unit Networks
• Rory Buckley: former Vice President and head of Market Unit North East Asia left the company in October 2007
• Ragnar Bäck: former Chairman of the Market Units Central Europe, Eastern Europe & Central Asia, Israel & Turkey, Middle East, Saudi Arabia, Sub Saharan Africa and Northern Africa retired in March 2007
• Jan Campbell: former Vice President and head of Market Unit Central Europe. Jan Campbell was appointed head of Market Unit Eastern Europe & Central Asia in October 2007
• Jef Keustermans: former Vice President and head of Market Unit Northern Europe left the company in June 2007
• Gerhard Weise: former Vice President and head of Market Unit Mexico. Gerhard Weise retired in December 2007

Extended Management Team members are not involved in any business activities that compete with or in any other way negatively affect Ericsson’s business. None of the Extended Management Team members have been appointed by arrangement or understanding with shareholders, customers, suppliers or other parties.