Kid ASA - Board/Management Information 2023

Kid ASA appoints Mads Kigen as new CFO

Lier, 13 April 2023: Kid ASA is pleased to announce the appointment of Mads

Kigen as new Chief Financial Officer (CFO) from 1 July 2023.

Kigen has been employed in Kid since 2021 as Senior Business Development Manager

with responsibility for establishing the new central warehouse in Sweden. He has

a broad and relevant experience from six years in PwC Deals and PwC Consulting,

in addition to experience from the supplier and retail sector within finance and

business development. Kigen is a Norwegian citizen and holds a Master's degree

in Business Economics and Auditing from Copenhagen Business School (CBS) in

Denmark.

"We are happy to have found the right and motivated candidate internally. Mads

and myself have worked closely together for the last couple of years, and I look

forward to continuing our cooperation and drive the company further. He enjoys

great respect and trust internally", says Anders Fjeld, CEO of Kid ASA.

Mads Kigen says, "Kid is a place with great people that I have had the pleasure

to work with over the past years. I am very excited to have been appointed as

the new CFO of Kid ASA, and I am honoured to be taking on this role and

contribute to realize the future growth and profitability potential of the

company.".

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act.

CONTACT

Anders Fjeld, CEO, Kid ASA, +47 996 32 121, [email protected]

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