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BE Group AB Board/Management Information 2023

Aug 10, 2023

3140_rns_2023-08-10_b7ae9c19-1718-4d6b-adfa-9aca808bb71e.pdf

Board/Management Information

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B E B E GROUP

Press release

August 10, 2023

BE Group is conducting a review of the organization for increased efficiency and a strengthened customer offering

In order to increase efficiency and to close the gap between BE Group's customers and management, a review of the organization is ongoing. As a result of this, an agreement has been made with the current MD for the Swedish operations, Magnus Bosson, who will leave the company during this quarter.

Given the current Group structure with a focus on the Nordic customers primarily in Sweden and Finland, Peter Andersson, President and CEO of BE Group, will also assume the role as MD for the Swedish operations.

"Magnus has during his time at BE Group contributed positively to the company's development in a time with great challenges. I would like to thank him for his efforts and wish him all the best of luck in the future", says Peter Andersson.

For further information, please contact:

BE Group, Peter Andersson, President and CEO,

tel: +46 706 53 76 55, email: [email protected]

BE Group AB (publ), which is listed on the Nasdaq Stockholm exchange, is a trading and service company in steel, stainless steel and aluminium. BE Group offers efficient distribution and value-adding production services to customers primarily in the construction and manufacturing industries. In 2022, the Group reported sales of SEK 6.9 billion. BE Group has approximately 650 employees, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com.

BE Group AB | Org. nr. 556578-4724