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AAK AB (publ)
Skrivaregatan 9
Phone: +46 406278300p:+46 406278300 MALMO, 215 32  Sweden Ticker: AAKAAK
Business Summary
AAK publ AB, also known as AarhusKarlshamn publ AB, is a Sweden-based holding company active primarily in the food processing sector. The Company refines vegetable oils for specialized products. The Company is organized, along with its subsidiaries, into three business segments: the Food Ingredients segment includes baking fat, dairy fat alternatives, Ice cream fats, infant formulas and oil/fats ingredients, among others; the Chocolate & Confectionery Fats segment provides chocolate and confectionery advantages, ranging from products developed for better sensory, health and longer shelf life to cost efficiency, know-how, technology and service, and the Technical Products & Feed segment includes golden wax, fatty acids, glycerin, deinking chemicals and animal feed. The Company operates Kamani Oil Industries Pvt Ltd. as a majority owned subsidiary.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes---Yes

Industries
SIC Code Description
2079 Shortening, table oils, margarine, and other edible fats and oils
8741 Management services
2869 Industrial organic chemicals, not elsewhere classified
2035 Pickled fruits and vegetables, vegetable sauces and seasonings
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board PatrikAndersson 60 9/11/2023 5/15/2019
President and Chief Executive Officer JohanWestman 50 5/1/2018 5/1/2018
Chief Financial Officer TomasBergendahl 49 5/1/2021 5/1/2021
10 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
AAK (UK) LIMITED KING GEORGE DOCK KINGSTON-UPON-HULL UK
AAK Aust Pty Ltd 10-12 Old Castle Hill Road Castle Hill Australia
AARHUSKARLSHAMN SWEDEN VAESTRA KAJEN KARLSHAMN SE
5 additional Subsidiary records available in full report.

Business Names
Business Name
AAK
AAK Aust Pty Ltd
AAK Bakery Services
22 additional Business Names available in full report.

General Information
Number of Employees: 4,128 (As of 12/31/2023)
Outstanding Shares: 259,559,202 (As of 12/31/2023)
Shareholders: 21,800
Stock Exchange: STO
Fax Number: +46 406278311


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