Atlas Copco Acquires Compressor Distribution In Southeastern USA

STOCKHOLM, Sweden — May 31, 2011 — Atlas Copco Compressors LLC has purchased assets related to the
compressor business of the Tencarva Machinery Company, a distributor of Atlas Copco products for
many years. The acquired business operates in Tennessee, Virginia, MIssissippi, Maryland and

“This acquisition supports the development of our aftermarket business and brings us closer
to customers in an important geographic region of the United States,” said Stephan Kuhn, business
area president, Atlas Copco Compressor Technique.

The acquired compressor business will be incorporated into the East Region of Atlas Copco
Compressors in the United States. Atlas Copco will operated from Tencarva’s current locations for a
period of six to 12 months. After divesting the compressor business, the Tencarva Machinery Company
will continue to sell mainly industrial pumps.

Approximately 37 employees in sales and service roles will join Atlas Copco from the Tencarva
Machinery Company as a result of this acquisition.

Posted June 3, 2011

Source: Atlas Copco