2021-04-12

Katarina Sjögren has informed the Board that she wishes to leave her role as CEO of Atvexa AB

Katarina Sjögren has informed the Board that she wishes to leave her role as CEO of Atvexa AB (publ). The Board of Directors is therefore now initiating a recruitment process for a new CEO.

The Atvexa Group has developed strongly in recent years. Based on a strong belief that preschools and schools with different pedagogical orientations and working methods are needed for all children to find the right learning environment. The Atvexa Group's subsidiary offers real diversity, a diversity that is important for children, students and employees. Atvexa has a broad and strong management function both overall for Atvexa and in the subsidiaries, which has contributed to the company growing by an average of about 30% per year over the past 10 years.

"Katarina has done a fantastic job. Atvexa with its value-driven and decentralized way of working exhibits very good quality and has grown significantly year after year, which we see as proof that the Atvexa model works, where Katarina has been a driving force. The company is now well positioned for continued development in all the geographies we are active; a job the new CEO will take forward. The fact that Katarina is still here until we have a new CEO in place gives the company the continuity that is so important in school and preschool. " says Sara Karlin.

"After almost 10 instructive, meaningful and eventful years in Atvexa and after more than 25 years in various management positions, I have reached a point in my life where I want to de-escalate to have more time for the family and to devote myself to other projects and interests. Atvexa with all the fine preschools, schools and employees means a lot to me and I will remain and lead Atvexa until the board has found my replacement", says Katarina Sjögren.

For more information, please contact:

Sara Karlin, Chairman of the Board Atvexa AB (publ), phone +46 (0)76-526 02 59

Katarina Sjögren, CEO Atvexa AB (publ), phone +46 (0)70-400 32 70

About Atvexa AB (publ)

Atvexa is an owner and development company for activities in preschool and school. We are one of the leading players in the education market in Sweden, have a strong position in the preschool market in Norway and conduct a smaller preschool business in Germany. We are driven by a strong belief that our values are fundamental; diversity, long-termism, openness and curiosity are important in order to create the best conditions for children and young people to develop and for there to be preschools and schools with different educational orientations and working methods in order for all children and students to find the right learning environment.

The Atvexa Group has shown approximately 30 percent average growth with profitability and quality since its inception in 2009. Operations are conducted in Mälardalen, Västra Götaland, southern Sweden, southern and eastern Norway and northern Germany. Atvexa owns 19 independent subsidiaries that have strong positions in their respective local markets. The activities include a total of 140 preschools, 30 schools and a special school and approximately 3,600 employees and 14,900 children and students.

Atvexa AB (publ) is listed on Nasdaq Stockholm.

This information is information that Atvexa 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 above, on 2021-04-12 09:00 CEST.