Lagercrantz Group — Board/Management Information 2018

Nov 23, 2018

PRESS RELEASE

Change in Management in Lagercrantz Group

Lagercrantz Group AB's CFO Thomas Alkbrant has chosen to leave his position after a short period of time in the Group and by personal reasons. We thank Thomas for his time within the Group and wish him well in the future.

Recruitment of a new CFO will begin and is expected to be completed in the summer 2018.

Stockholm 23 November 2018

Lagercrantz Group AB (publ)

For additional information, contact: Jörgen Wigh, President & CEO, Lagercrantz Group AB, tel +46 8 700 66 70.

This information is disclosed in accordance with the LAGERCRANTZ GROUP AB (publ) agreement with Nasdaq Stockholm Exchange. The information was submitted for publication on 23 November 2018 at 16:45 CET.

LAGERCRANTZ GROUP IN BRIEF

Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group is comprised of some 50 companies, each with a focus on a specific sub-market – a niche. High value-creation is common to all the companies, including a high degree of customisation, support, service and other services.

Lagercrantz Group is active in nine countries in Northern Europe, in China, India and in the USA. The Group has approximately 1,400 employees and annual revenue of approximately MSEK 3,600. The Company is listed on Nasdaq Stockholm since 2001.