As a part of the work towards achieving the Group's objectives for 2025, HMS Networks is now making two changes in Group Management. Joakim Nideborn, the current CFO, is appointed CFO and Deputy CEO and Alexander Hess, the current General Manager of HMS’ Business Unit Ixxat, is also appointed Vice President Information Centric and will be part of HMS’ Group Management. The changes will take effect at the turn of the year. Joakim Nideborn has worked at HMS Networks since 2017. He currently holds the role of CFO and is a member of HMS’ Group Management. Now he is also appointed the company's Deputy CEO. Joakim Nideborn, resident in Sweden, has a previous long career in Industrial Automation and the consulting industry. Alexander Hess (40) has worked at HMS Networks since 2020 and currently holds the role of General Manager for Ixxat, one of HMS' German operations. Mr. Hess is now also appointed the Group's Vice President Information Centric and will be a member of the Group Management team from the turn of the year. Alexander Hess, resident in Germany, has extensive experience of working in international companies in Industrial Automation such as Leuze Electronic GmbH and Danaher Corp. In his new role, Alexander will lead HMS' work with strategy and growth in the "Information Centric" area, which includes the successful Industrial IoT-business within the Ewon brand.