MEKO

Board/Management Information • May 19, 2023

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

Åsa Källenius resigns as Chief Finance Officer in MEKO

Åsa Källenius is leaving her position as MEKO's Chief Finance Officer at her own request to take on a new assignment outside the group. The process of recruiting a new CFO will begin immediately and Åsa Källenius will remain in her role until a successor is appointed.

"Åsa Källenius has been Chief Finance Officer in MEKO since 2017 during a period of successful geographical expansion and profitable development. Today, MEKO is the market leader in the automotive aftermarket in northern Europe with a solid financial position, a wellproven strategy and a long-term sustainable business model that stands strong regardless of economic cycles. I would like to express my warm thanks to Åsa for her important efforts during this period and wish her the best of luck when she now chooses to take on a new challenge outside of MEKO," says Pehr Oscarson, President and CEO of MEKO.

The recruitment process to appoint a new CFO will begin immediately. Until a successor is appointed, Åsa Källenius will remain in her role.

For further information, please concact:

Pehr Oscarson, President and CEO, MEKO

Phone: +46 (0)8 464 00 20 Mail: pehr.oscarson@meko.com

Åsa Källenius, CFO Phone: +46 (0)8 464 00 20 Mail: asa.kallenius@meko.com

Anders Oxelström, Director of Communication (Interim) Phone: + 46 73 522 52 42 Mail: anders.oxelstrom@meko.com

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 May 19, 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.

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.