Absolent Air Care Group AB's (publ) President & CEO Axel Berntsson has informed the Board of Directors that he resigns after almost seven years as CEO to take on a new assignment outside the company.

"I would like to thank Axel for his efforts for Absolent Air Care Group. Under Axel's leadership Absolent Air Care Group has expanded into new markets and taken many steps forward as an organization. The company is in good shape to continue to grow profitably. I wish him all the best going forward" says Johan Westman, Chairman of Absolent Air Care Group.

"Absolent Air Care Group is a great company that will continue to grow into a clear world leader in air cleaning. I am proud of having been part of Absolent Air Care Group, what we have built and look forward to following Absolent Air Care Group's development going forward. I would also like to thank our Board of Directors and owners for a good collaboration." Says Axel Berntsson

A process to find a new CEO will start immediately. Axel will remain in his role until a successor is in place, however not beyond January 21st, 2025.

For further questions please contact:

Axel Berntsson, CEO and President

Karin Brossing Lundqvist, CFO

Phone: +46 (0) 510 48 40 00

E-mail: ir@absolentgroup.com

Absolent Air Care Group AB (publ) is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB (publ) is Redeye AB.

This information is information that Absolent Air Care Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 22:30 CEST on July 22, 2024.

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