The Board of Ambea (publ) has appointed Mark Jensen as the new Chief Executive Officer and President. Mark (49), is at present the CEO and Nordic President of MTR Nordic AB. For a decade, Mark held several senior roles at Carlsberg, one of them as the CEO of Carlsberg Sweden for six years. Prior to Carlsberg, Mark held a variety of executive roles in the Netto group, where he started and built the Swedish branch as an example. Mark is originally Danish, but has worked in Sweden for fifteen years.

- We are happy that Mark with his deep knowledge in growing companies, commercial focus and extensive experience from multi-site service organizations, has accepted the appointment as CEO and President of Ambea. His knowledge from working on an assignment from the public sector at MTR is highly useful as well as his leaderships skills and extensive experience from different line positions at many levels both in Sweden, the Nordics and internationally. His focus is on creating customer value and meeting customer needs, and he is driven by a strong will to continuously improve and develop.

- Ambea's strategy is based on continued growth both organically and through acquisitions. The company needs to secure the provision of competence and talent going forward by developing the leadership and corporate culture. Our continuous work improving quality and innovation is crucial for meeting both the individuals' but also society's needs for sustainable solutions. The Board is convinced that Mark has the prerequisites to further develop Ambea during the coming years, says Lena Hofsberger, Chair of the Board at Ambea.

- It is with great joy and energy that I have accepted this position. The development of the care sector in Scandinavia is a matter close to my heart and I am proud to be able to work in an area so important for the society as well as for the individual caretakers and their relatives. I bring experience and knowledge from several different sectors and from different countries, my experiences from operating railway and metro systems on behalf of the public sector in a political environment have been enriching and useful. Together with all employees of Ambea, I look forward to continue to develop the care concepts further at Ambea, comments Mark Jensen.

Mark Jensen replaces Fredrik Gren, who is leaving the company by year end. The Board has named Benno Eliasson, CFO at Ambea, acting CEO and President until Mark assumes his position on 1 June 2021 at the latest.

Please note: This is an English translation of Ambea's Swedish press release dated 29 November 2020, which is available on ambea.se/press. In case of discrepancies, the Swedish text shall prevail.

This disclosure contains information that Ambea is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29-11-2020 18:00 CET.

För mer information, vänligen kontakta:

Jacob Persson, Head of Group Business Control & Investor Relations
Telefon: +46 (0)708 64 07 52
E-post: ir@ambea.se (jacob.persson@ambea.se)

Ambeas presstjänst
Telefon: +46 (0)10 33 00 501
E-post: press@ambea.se

Ambea is the market leading care provider in Sweden, Norway and Denmark respectively, with over 900 care units and around 26,000 employees. We offer services in disabled care, individual and family care, and elderly care with a focus on residential care and own management. We aim to be the quality leader in all that we do and our vision is to make the world a better place, one person at a time. The company was founded in 1996 and its head office is located in Solna, Sweden. Ambea is listed on Nasdaq Stockholm.

https://news.cision.com/ambea/r/ambea-appoints-mark-jensen-as-new-ceo-and-president,c3245722

https://mb.cision.com/Main/5048/3245722/1341459.pdf

https://news.cision.com/ambea/i/mark-jensen,c2855161

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