Sileon AB: David Larsson leaves his role as CEO for Sileon - Kent Hansson appointed acting CEO

Sileon AB's (publ) ("Sileon") Board of Directors has together with David Larsson agreed that he leaves his role as CEO that he has had since mid 2020. The Board has appointed Kent Hansson acting CEO, effective immediately, which means that he leaves his role as Chairman but will still be a member of the Board. Linus Singelman, board member since 2022, is appointed Chairman.

David Larsson will be at the Board's disposal during his resignation period of 6 months. The Board will initiate the recruitment process for a new CEO.

- I have been working together with David for many years and would like to thank him for his valuable contribution to Sileon. Our strategic direction and the organizational changes that have been implemented during David's leadership has built a solid foundation for our future growth and profitability. We will continue working in line with our strategy to develop our business for the benefit of our clients and our shareholders, says Kent Hansson, acting CEO for Sileon.

Presentations of Kent Hansson and Linus Singelman are available on Sileons homepage, www.sileon.com.

For more information, please contact:
Kent Hansson, acting CEO, Sileon AB
Email: [e-mail]

This is information of the type that Sileon AB (publ) is obligated to make public in accordance with the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person above on 2024-06-10 19:00 CEST

Boilerplate

Sileon AB (publ) is a global fintech company that offers an innovative card-based Buy Now Pay Later (BNPL) SaaS functionality to banks, card issuers and fintechs. With Sileon's BNPL product, customers can add BNPL to their existing credit or debit card base and run their B2B or B2C BNPL business in-house. Sileon operates in a fast-growing international market with an estimated transaction volume of $680 billion globally by 2025. Sileon is listed on the Nasdaq First North Growth Market and has its headquarters in Stockholm, Sweden. The Company's Certified Adviser is Carnegie Investment Bank AB (publ).