Formpipe announces change of CEO.

Christian Sundin will leave as CEO of Formpipe Software AB (publ). The board has started a recruitment process and until a new CEO is appointed, Christian Sundin will continue in the role to ensure a smooth succession.

"We are grateful for Christian Sundin's many years of contribution as CEO of Formpipe. He has led the company successfully for 16 years, building a strong offering of competitive products to a stable customer base, and has created ever-growing recurring revenue. In addition, Christian has formed a global, competent team, which makes us equipped for the next step in the company's development", says Annikki Schaeferdiek, Chairman of the board of Formpipe.

"It has been a privilege to lead and develop Formpipe and, together with the management team, create a global SaaS company with long-term customer relationships in both the private and public sector. I look forward to continue follow the development of Formpipe, and am proud to hand over a strong company with an exciting growth journey ahead", says Christian Sundin, CEO of Formpipe

"We are now entering a new phase for Formpipe, with a focus on accelerating the global expansion of Lasernet and realizing the full potential of our business offering to the public sector. The board's assessment is that the time is right for renewed leadership in Formpipe. While waiting for a new CEO to take office, Christian Sundin will continue as CEO, which ensures a smooth transition," concludes Annikki Schaeferdiek.

This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

This disclosure contains information that Formpipe Software is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, at 08.45, 25 January 2023.