Ambea — Board/Management Information 2020

Jun 28, 2020

President and CEO Fredrik Gren to leave Ambea

Ambea'sPresident and CEO Fredrik Gren has informed the board of directors that he is leaving the company. Fredrik Gren will remain in his current position until year end and the board of directorswill now begin the recruitment of a successor.

After almost nine year at Ambea, Fredrik Gren has decided to leave his position as President and CEOof the company.

‒ I am proud ofAmbea's development and grateful for the opportunity to work with all ofAmbea's dedicated and competent employees. Ambea is an amazing company with an important role in society to provide care for children, adults, and the elderly, says Fredrik Gren, President and CEOofAmbea.

‒ I would like to thank Fredrik for his valuable contribution as President and CEOduring the last nine years. During Fredrik's time at Ambea, the company has transformed to focus on care and is today Scandinavia's leading care provider with high quality in all aspects, says Lena Hofsberger, chairperson of Ambea.

For more information, contact:

Lena Hofsberger, Chairperson Telephone: +46 (0)704 84 53 41 E-mail: lena.hofsberger@hofsberger.se

Jacob Persson, Head of Group Business Control &Investor Relations Telephone: +46 (0)708 64 07 52 E-mail: ir@ambea.se

Ambea press contact Telephone: +46 (0)10 33 00 501 E-mail: press@ambea.se

This is information thatAmbeaAB(publ.) is obliged to make public pursuant to the EUMarketAbuse Regulation. The informationwas submitted for publication, through the agency of the contact persons set out above, at 16:00 CET, on 28 June 2020.

Ambea is the market leading care provider in Sweden, Norway and Denmark respectively, with over 900 care units and around 26,000 employees. We offer services in disabled care, individual and family care, and elderly carewith a focus on residential care and own management. We aimto be the quality leader in all that we do and our vision is to make theworld a better place, one person at a time. The company was founded in 1996 and its head office is located in Solna, Sweden.Ambea is listed on Nasdaq Stockholm.