Qliro

Board/Management Information • Jun 8, 2022

Christoffer Rutgersson will be the new CEO of Qliro

Christoffer Rutgersson has been appointed by the board as the new CEO of Qliro AB. He succeeds Jonas Arlebäck, who has been acting CEO since February. Christoffer has extensive experience of driving profitable growth in entrepreneurial and fast-growing technology companies.

Over the past ten years, Christoffer Rutgersson has held several leading positions in fast-growing companies in the technology sector. Among other things, Christoffer was one of the co-founders of Bambora, an international payment solution company, which was started in 2014 and then grew rapidly from about 50 to 800 employees within three years. At Bambora, Christoffer was responsible in the management team for strategy, growth, and analysis and drove the company's expansion in the Nordic region and Canada. In connection with Ingenico Retail's acquisition of Bambora in 2017, Christoffer was appointed Vice President of Ingenico Retail and facilitated a "Growth Transformation" with a focus on profitable growth, which resulted in both the company's profit and growth rate doubling. In the years before Bambora's founding, Christoffer worked as a management consultant at Boston Consulting Group. Today, he is also an angel investor in technology start-up companies and sits on the board of, among other things, the fast-growing Greenely.

"After a careful recruitment process, it is gratifying that we can now present Christoffer as the new CEO of Qliro. With his experience from the technology sector and history as a leader in fast-growing payment solution companies, the board is convinced that Christoffer is the right person to take over as CEO and lead Qliro's strategy change and work towards profitable growth. At the same time, I would like to thank Jonas for his time as acting CEO of Qliro and the work he has put in to develop the company," says Patrik Enblad, Chairman of the Board of Qliro.

Christoffer Rutgersson will assume the role of CEO on October 1, 2022.

For further information, please contact:

Erik Kronqvist, Investor Relations, ir@qliro.com

About Qliro AB

Founded in 2014, Qliro is a tech company offering flexible payment solutions for e-commerce merchants in the Nordics and digital financial services to consumers in Sweden. Since inception 2014, Qliro has grown quickly and in the last year 2.5 million customers have used Qliros services and business volumes with Qliros payment products exceeded SEK 7.1 billion. The largest owners are Rite Ventures with 26% ownership and Mandatum Private Equity (Sampo owned company) with 10 % ownership.

Qliro is listed on Nasdaq Stockholm since October 2020 with the ticker "Qliro". Qliro has its registered address in Stockholm and is a credit market company under supervision of the Swedish Financial Supervisory Authority (FI). For more information see https://www.qliro.com/en/investor-relations

Press Release 08 June 2022 13:15:00 CEST

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Christoffer Rutgersson will be the new CEO of Qliro