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Duni Board/Management Information 2020

Jul 20, 2020

3035_rns_2020-07-20_3445db22-f4ea-4418-8e1f-942eaf010fe9.pdf

Board/Management Information

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Malmö, July 20, 2020

Johan Sundelin resigns as President and CEO

The Duni Group's board of directors have reached an agreement with President and CEO, Johan Sundelin, to leave his assignment with immediate effect. Mats Lindroth, deputy CEO and CFO, will step in as acting President and CEO. The recruitment process to find a new permanent CEO has started.

Johan Sundelin assumed the position as President and CEO for Duni in 2017. During his time as CEO he has contributed to the strategic platform of the company, including the acquisitions of BioPak and an increased focus in sustainable packaging. At the same time, the leadership has not fulfilled the set expectations by which the board make the assessment that a change of President and CEO is necessary.

"The board of Directors want to thank Johan for his years as President and CEO and wish him good luck in the future," says Thomas Gustafsson, chairman of the board.

Additional information is provided by: Thomas Gustafsson, chairman of the board, +46 734 196124 Mats Lindroth, acting CEO and CFO, +46 40 106200 E-Mail: [email protected]

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