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Loomis Board/Management Information 2020

Jun 12, 2020

2940_rns_2020-06-12_00996a92-72e2-44b3-9d03-a6bf24e03444.pdf

Board/Management Information

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Press release

Loomis appoints Kristoffer Labuc as Managing Director for the business area New Payment Solutions

Kristoffer Labuc has been appointed Managing Director for Loomis' initiatives within new payment solutions and he will assume the position by the end of this year. Kristoffer is currently Vice President CEO office of Klarna, where he is responsible for managing several of Klarna's key projects. Klarna is one of Europe´s largest privately owned fin tech companies with head office in Stockholm, Sweden. Prior to Klarna Kristoffer held the position as Director Strategy & Insights & IT at McDonald's in Sweden.

Kristoffer Labuc will be part of the Group Management team and report to the President and CEO of Loomis Group, Patrik Andersson.

"Kristoffer brings a wealth of experience in payment solutions and I'm very happy that he has accepted this new important role and will become a member of our team. We are already making good progress in our ambitions and Kristoffer is definitely the right person to lead this exciting and expanding project. I warmly welcome him to Loomis", says Patrik Andersson, President and CEO of Loomis Group.

June 12, 2020

Patrik Andersson Anders Haker

Mobile: +46 76 111 34 00 Mobile: +1 281 795 8580 E-mail: [email protected] E-mail: [email protected]

President and CEO Chief Investor Relations Officer

Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2019 of SEK 21.0 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.