Axel, age 36, has previously worked for ESAB as head of the Distributors in Europe segment. He has a degree in Industrial Engineering from Chalmers University of Technology.

We are very pleased with the recruitment of Axel to Absolent AB. He is a reinforcement and an aggressive signal that Absolent AB intends to continue to expand, says Tony Landh, current CEO and President. Tony will now focus on being CEO of Absolent Group full time.

Contact

Tony Landh, CEO Absolent Group, 0510-48 40 10

Questions regaring trade in the Company’s shares are answered by Certified Adviser,
Consensus Asset Management, on telephone number 031-745 50 00.

www.absolentgroup.com