Kitron - Board/Management Information 2019

Kitron: CEO Peter Nilsson returns on 30 September 2019

(27.09.2019) CEO Peter Nilsson returns to his duties on Monday 30 September

2019 after the medical leave as previously announced.

Cathrin Nylander, who has been acting CEO in Mr. Nilsson's absence, will

continue in her ordinary role as CFO.

"The board is thrilled that Peter's treatment has been successful and look

forward to having him back and heading Kitron towards the company's ambitious

targets. The board would also like to thank Cathrin and the rest of the

management group for an excellent job in Peter's absence," said Tuomo

Lähdesmäki, Chairman of the Board.

For further information, please contact:

Tuomo Lähdesmäki, Chairman of the Board, tel: +358 50 5879648

Kitron is one of Scandinavia's leading electronics manufacturing services

companies for the Defence/Aerospace, Energy/Telecoms, Industry, Medical devices

and Offshore/Marine sectors. The company is located in Norway, Sweden,

Lithuania, Poland, Germany, China and the United States. Kitron had revenues of

about NOK 2.6 billion in 2018 and has about 1 700 employees. www.kitron.com

(http://www.kitron.com)

This information is subject to the disclosure requirements set out in section

5-12 of the Norwegian Securities Trading Act, and section 3-2 of the Oslo Stock

Exchange continuing obligations for listed companies.

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