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Move About Group (MOV) changes CEO

MOVE ABOUT GROUP (MOV) CHANGES CEO

Move About Group (MOV) changes CEO

Today, the Board of Directors has agreed with Morten von Krogh that he will step down as CEO of Move About Group as the group embarks on the next phase of its journey. The Board has appointed current board member Olof Jonasson as acting CEO. Olof has been a member of the Board at Move About since 2021 and has a background in various leadership roles in the financial markets in Stockholm. Morten von Krogh will stay on in an advisory capacity.

The Board thanks Morten von Krogh for his work in building Move About into a leading Nordic provider of shared mobility solutions. Under Morten's leadership, the company has substantially increased the fleet of electric cars in car-sharing pools in Norway and Sweden. In addition, he was instrumental in establishing a foothold in the fast-growing European market by leading the acquisition of the German car-sharing company Mobileeee in 2021.

"Move About's new leadership will consolidate the strong growth we've had over the past years and will need to optimize current operations for healthy growth and profitability. Our strategy of becoming one of Europe's leading providers of sustainable mobility solutions stays intact", says Morten Wiese, Chairman of the Board at Move About.

For more information on Olof Jonasson please refer to:
https://moveaboutgroup.com/management/

For additional information

Morten Wiese, Chairman of the Board, Move About Group AB
Email: [email protected]
+47 921 39 090

Certified Adviser

Mangold Fondkommission AB is the Company's Certified Adviser and can be reached by phone, 08-5030 1550, and via e-mail, [email protected].

The following documents can be retrieved from beQuoted
Move About Pressrelease 2022-03-31.pdf

Move About Group AB in brief

Move About offers app-based, environment friendly, and cost-efficient mobility solutions to individuals, businesses, municipalities, and organizations. The Company has developed and owns all immaterial rights to the cloud-based green tech platform which gives digital access to electric cars, electric bikes, taxi, subway, and parking, all through the same app - around the clock. Every kilometer the user travels with the electric cars via the platform reduces CO2 emissions.

The Company's extensive mobility solutions is built upon the Move About-app which gives the user access to the Company's pools of electric cars, bikes, and scooters. Move About also assists companies, municipalities, and organizations to optimize their vehicle fleets by tailoring mobility solutions based on needs.

Move About was founded in Oslo, Norway, 2007 and has over 58,500 users today on their platform, and over 730 electric cars in the Company's vehicle fleet with presence in Sweden, Norway, and Germany.

Bifogade filer

Move About Pressrelease 2022-03-31.pdfhttps://www.bequoted.com/beQPress/download.asp?Id=55913

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