Eltel

Board/Management Information • Dec 7, 2022

Press release 7 December 2022 at 9:00 CET

Lars Nilsson new Managing Director for Eltel Sweden

Lars Nilsson has been appointed Managing Director of Eltel Sweden and will be part of the Group Management Team. Lars assumes his role as of 9 January 2023.

Lars has extensive experience from various businesses ranging from professional services, IT & telecom to consulting and outsourcing. Most recently, he served as CEO of CERTEGO Group, a leading Nordic security solutions provider.

– Lars is a proven leader with a strong customer focus and a target-oriented approach. Combined with the ability to identify and implement new businesses, Lars is the right person to lead Eltel Sweden in its next phase, said Håkan Dahlström, President and CEO of Eltel AB.

– I am excited to join an established and strong player like Eltel, being a leading service provider for critical infrastructure. I look forward to joining the team of excellent people to further develop our business together with our customers, said Lars Nilsson incoming MD of Eltel Sweden.

Lars Nilsson succeeds Leif Göransson who will remain with Eltel until 31 March 2023 to secure a smooth transition.

For further information:

Elin Otter, Director, Communications and Investor Relations Phone: +46 72 595 4692, elin.otter@eltelnetworks.com

About Eltel

Eltel is a leading service provider for critical infrastructure that enables renewable energy and highperforming communication networks. Eltel designs, plans, builds and secures the operation of networks for a more sustainable and connected world today and for future generations. In total, we have about 5,000 employees and in 2021 the annual sales was EUR 812.6 million. The head office is located in Sweden and Eltel's shares have been listed on Nasdaq Stockholm since 2015. Read more at www.eltelnetworks.com.