Vitec Software Group B — Board/Management Information 2018

Nov 5, 2018

Page 1 (1)

CFO leaves at the Annual General Meeting 2019

Maria Kröger, who has been CFO at Vitec since 2012, has announced today that she leaves Vitec.

Recruitment of a new CFO begins immediately. Maria Kröger retains her position until a replacement is in place, but no later than at the 2019 Annual General Meeting.

For more information, please contact

Lars Stenlund, VD Vitec Software Group AB (publ), mobil. +46 70 659 49 39

Disclaimer

This information is of such a kind that Vitec Software Group AB (publ.) is legally required to disclose pursuant to the EU's Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication at 13:30 CET on Monday November 5, 2018.

About Vitec

Vitec is market leader for Vertical Market Software in the Nordic region. We develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. Our 650 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 855 million in 2017. Find more at www.vitecsoftware.com.