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Vitec Software Group B Board/Management Information 2024

Jun 4, 2024

2988_iss_2024-06-04_7298f277-0765-4f73-9d7e-e2bed1dd4cdd.pdf

Board/Management Information

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Press Release 04 June 2024 08:45:00 CEST

Peter Lidström Appointed New CFO of Vitec Software Group

Peter Lidström becomes the new Chief Financial Officer (CFO) for Vitec. Peter has extensive experience as both CEO and CFO in the software and IT sector.

  • I am very pleased that we can welcome Peter Lidström to Vitec. Through our constant growth, we need to strengthen and focus our resources. Peter has solid knowledge not only in finance but from a wide range of relevant areas. He will contribute a lot of competence and leadership qualities to the group, says Olle Backman CEO, and at the same time I want to thank our current CFO Sara Nilsson for an excellent collaboration, which will continue with Sara taking on a role as Head of Group Reporting & Controlling.

  • After having worked in the IT sector most of my career and getting to see Vitec from the outside, it feels very good to be part of the team, says Peter Lidström.

Peter Lidström will be part of the Group Management and will take up his position on 1 September.

For more information, please contact Olle Backman, CEO, Vitec Software Group AB (publ) [email protected], +46 70 632 89 93

Patrik Fransson, Investor Relations, Vitec Software Group AB (publ), [email protected], +46 76 942 85 97

About Vitec Software Group

Vitec is a leading provider of Vertical Software and has its origin and headquarters in Umeå, Sweden. Our products are developed to meet specific needs within various niche markets in society. The expertise of our employees, combined with our shared corporate culture and business model, enable continuous improvement and innovation. We grow through the successes of our companies, as well as through acquisitions. Everything we do is based on a long-term perspective. Because we are to rely on – today and tomorrow. Vitec has 1,500 employees, is listed on Nasdaq Stockholm and had net sales of SEK 2,778 million in 2023. Read more at vitecsoftware.com.

This information is information that Vitec Software Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-06-04 08:45 CEST.

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Peter Lidström Appointed New CFO of Vitec Software Group