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Regulatory press release

Karl Sandlund appointed new President and CEO of Byggmax Group

Byggmax Group
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The Board of Directors of Byggmax Group AB (publ) has appointed Karl Sandlund as new President and CEO of the company. Karl joins from a role as COO of AcadeMedia and has previously had leading positions at SAS, most recently Chief Commercial Officer.

"I am very happy to welcome Karl as the new CEO of Byggmax", says Anders Moberg, Chairman of the Board. "Byggmax is moving forward from a position of strength, with a strong low price position, modernized customer offer, ambitious sustainability agenda and record high employee engagement. Karl's excellent leadership skills and experience from commercial development will be important for Byggmax future."

Karl Sandlund joints from a current role as COO of AcadeMedia. He has previously had several leading management positions at SAS, most recently Chief Commercial Officer and interim CEO. He started his career at McKinsey & Company in Stockholm, and holds a M.Sc. in Industrial Engineering and Management from Linköping University.

"I really look forward to be a part of Byggmax future journey", says Karl. "As a customer, I have been impressed by the brand journey Byggmax has done over the last few years, and now hope to use my experience to contribute to Byggmax next step. I really look forward to join all engaged colleagues in helping our customers realize their home improvement dreams."

Karl will take up on his position no later than October 17, 2023.

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