MEKO

Board/Management Information • Nov 15, 2023

MEKO AB Box 195 42 SE-104 32 Stockholm Sweden Visiting address: Solnavägen 4, floor 11 Tel: +46 (0)8 464 00 20

Christer Johansson appointed as new Chief Financial Officer at MEKO

MEKO, a leader in the independent automotive aftermarket in Northern Europe, has appointed Christer Johansson as its new Chief Financial Officer. With his extensive experience in finance and controlling, Christer Johansson will be instrumental in further strengthening MEKO's position. He will assume his new role on February 19, 2024.

Currently serving as the Vice President of Business Control at battery manufacturer Northvolt, Christer Johansson has an impressive track record, including a previous role as CFO at Hoist Finance, listed on Nasdaq Stockholm. He also has a background as the Head of Ventures Office at SEB bank and as an advisor at the consulting firm McKinsey.

"I am delighted to welcome Christer Johansson to MEKO. Christer is a respected leader with proven financial expertise and deep insights into the capital markets and the listed environment. MEKO aims to extend its lead in the independent automotive aftermarket, where we grow profitably while leading the transition to more sustainable products and services. Christer will be instrumental in this effort," says Pehr Oscarson, CEO and President of MEKO.

Christer Johansson comments:

"It is with great enthusiasm that I take on this assignment. MEKO boasts a well-established business model, an impressive market position, and strong earnings capacity regardless of the economic climate. At the same time, there is significant future potential where MEKO is now, among other things, taking important steps towards lasting higher profitability. It is especially inspiring to be involved during a phase where MEKO is capitalizing on the opportunities that arise as the electrification of the car fleet continues," says Christer Johansson.

Christer Johansson will begin his tenure on February 19, 2024.

For further information, please contact:

Pehr Oscarson, President and CEO, MEKO Phone: +46 (0)8-464 00 00 Email: pehr.oscarson@meko.com

Anders Oxelström, Director of Communication, MEKO Phone: + 46 73 522 52 42 Email: anders.oxelstrom@meko.com

MEKO consists of northern Europe's leading spare parts distributors; FTZ, Inter-Team, Koivunen, MECA, Mekonomen and Sørensen og Balchen. With our own wholesale operations, more than 600 branches and over 4,300 workshops, we offer a wide and easily accessible range of affordable and innovative solutions and products for companies and consumers.

This information is such information that MEKO AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above on November 15, 2023 at 07:30 CET. The press release is published in Swedish and English. The Swedish version is the original version and has been translated into English.