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AAK Annual Report 2015

Chairman of the Board: Another strong year for AAK Another exciting year as Chairman of the Board of AAK has come to an end and it is a great pleasure for me to announce that the company continues to develop and experience growth. We have seen some very important achievements over the past year and AAK continues to demonstrate its strengths and customer benefits within the world of speciality vegetable oils.   During the year the company has, in close cooperation with its customers, continued to develop innovative vegetable oil solutions that meet specific customer needs. Such speciality and semi-speciality products offer the sum of AAK’s extensive knowledge and expertise which has been accumulated during the company’s long history.   The future continues to look bright for AAK and the progress made over the past twelve months confirms that the strategic direction the company has established really is the right way forward. Continued expansion in fast-growing markets It has also been a great pleasure to see that AAK continues to invest in fast-growing markets, one of the company’s most important growth strategies and a central part of “AAKtion”, the company program for 2014–2016.   In addition to the construction of two speciality and semispeciality factories in the fast-growing markets of Brazil and China, AAK has during the year also increased its presence in India and Japan with strategic acquisitions and partnerships. With these new platforms in two other very attractive markets, AAK will further strengthen its position as a global market leader within speciality vegetable oil solutions. Remembering our responsibilities We are aware that customers today increasingly expect more than reliable deliveries of products with customized functionalities and technical qualities. Ethical and sustainable considerations have become equally important in today’s marketplace. Therefore, it is encouraging to see that AAK continues to make great progress within corporate social responsibility. The company has during the year seen some impressive developments within its important palm oil commitments, resource efficiency and workplace safety, to name a few areas. Long-term engagement Melker Schörling AB holds 33 percent of the shares in AAK, and this very much reflect our engagement, commitment and belief in the long-term prospects of the company.   When I look upon the prospects for AAK’s continuing growth and development, I do so with a strong sense of pride and optimism. With large investments, and even more importantly, lots of hard work and dedicated efforts from a highly professional organization, AAK has over a few years developed into a truly international and innovative market leader in its industry.   On behalf of my colleagues on the Board of Directors, I would like to thank AAK’s dedicated and very competent management team and its hard-working employees around the world for their tremendous contributions during the past year. You have made AAK stronger than ever and very well positioned for the upcoming years. Melker Schörling, Chairman of the Board 2


AAK Annual Report 2015
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