Lennart Svantesson will step down as CEO of NAXS AB

After more than 10 years as CEO of NAXS AB, Lennart Svantesson has
decided to leave his position with the company. He will remain as CEO
until a successor is appointed.

The board of NAXS AB thanks him for his long history of service to NAXS.

Contact information:
Lennart Svantesson, CEO
Telephone: +46 73 311 00 11

This information is information that NAXS AB (publ) 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 11.45 CET on October 29, 2021.