Actic Group

Board/Management Information • Nov 6, 2019

Actic recruits Jonas Lissjanis as new CPO

Actic Group has recruited Jonas Lissjanis asnew Chief Product Officer. Jonas joinsActic from a role ashead trainer and businessdeveloper at UP Uppsala, and aspreviously training director at SAFE Education ABand co-founder and partner at SportsClub Education. Jonaswill take up hisnew post in December 2019.

"We are very pleased to have recruited Jonas Lissjanis as new Chief Product Officer. His experience of the training industry, with a specialisation in leadership and business-centric change to produce forceful results, will contribute towards strengtheningActic's offering in training and health," says Anders Carlbark, CEOofActic Group.

Jonas Lissjanis joins Actic from a role as business developer at UP Uppsala (part of IMR), and was previously training director at SAFE EducationAB and Eleiko Education. Jonas is also co-founder of Sports Club EducationAB and has an extensive background as business developer in the training industry, focusing on individual and semi-individual training. Moreover, Jonas has many years of experience in the SATS Group, where he was responsible for personal training at both Swedish and Nordic level.

"I am very excited about taking part in influencing the entire customer and training experience at Actic. I look forward to working to create fitness centres with an innovative and customised product offering presented by qualified trainers with a great passion for helping our members develop," says Jonas Lissjanis.

Jonas will take up his new post in December 2019.

For further information, please contact:

Anders Carlbark, CEOanders.carlbark@actic.se, +46 (0)72 980 53 94

Jörgen Fritz, CFO& Investor Relations, jorgen.frtiz@actic.se +46 (0)73 633 54 74

Actic (formerlyNautilus Gym) was founded in 1981 and launched the Gym & Swim club concept. The companybegan its international expansion in 1995 and as per 30 June 2019,Actic had 182 facilities and 222,000 members in four countries.Actic's main markets are Sweden, Norwayas well as GermanyandAustria.Actic offers a well-established exercise method known as high-intensitytraining (HIT) and offers its members personal training programmes including follow-up sessions with trained instructors. Together with swimming, this forms the core ofActic's offering and differentiates us in the market.

Actic's vision is to create a healthier societybyattracting a broad target group and therebyexpanding the market. The facilities engage in the local communityto contribute to a healthier society.Actic,which has its head office in Solna, Stockholm, has approximately800 full-time equivalent employees and had net sales of SEK 941 million in 2018.Actic is led byits President and CEOAnders Carlbark.