HMS Networks

Board/Management Information • Jan 11, 2021

PRESS RELEASE

Halmstad, January 11, 2021

HMS Networks' Chief Product Officer resigns

HMS Networks' Chief Product Officer, Timo Van't Hoff has today decided to leave HMS Networks to pursue new challenges. Timo will stay in his role during his notice period until the summer.

"I would like to thank Timo for all the work he has done for HMS Networks, both in his role as General Manager for Business Unit Anybus and in his role as Chief Product Officer. I would also like to take the opportunity to wish Timo the best of luck in his new challenges" says Staffan Dahlström, CEO of HMS Networks AB.

For more information, please contact: Staffan Dahlström, CEO HMS, +46 (0)35 17 29 01 Joakim Nideborn, CFO HMS, +46 (0)35 710 6983

This information is such that HMS Networks AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons set out above, at 16:00 CET on January 11th, 2021.

HMS Networks AB (publ) is the leading independent supplier of solutions for industrial communication and the Industrial Internet of Things. HMS develops and manufactures products under the Anybus®, Ixxat®, Ewon® and IntesisTM brands. Development takes place at the headquarters in Halmstad, and in Ravensburg, Nivelles, Igualada, Wetzlar, Buchen and Delft. Local sales and support are handled by branch offices in Germany, USA, Japan, China, Singapore, Italy, France, Spain, the Netherlands, India, UK, Sweden, South Korea and UAE, as well as through a worldwide network of distributors and partners. HMS employs over 600 people and reported sales of SEK 1,519 million in 2019. HMS is listed on the NASDAQ OMX in Stockholm, category Mid Cap, Information Technology.