Board member Birgitta Stymne Göransson resigns from the Board of Directors of Sportamore AB (publ) ("Sportamore") at her own request, due to that Footway Group AB ("Footway") today announced a public offer to the shareholders of Sportamore to tender all shares in Sportamore to Footway (the "Offer"). Birgitta Stymne Göransson is Chairman of the Board of Directors of Industrifonden, which is a shareholder of Footway, and Industrifonden has committed to participate in the rights issue financing the Offer. Birgitta Stymne Göransson has not participated in any of the Boards' handling of the Offer.

Following resignation of Birgitta Stymne Göransson, the Board of Directors will consist of four board members and remains quorate.

The information was submitted, through CEO Johan Ryding, for publication on 17 February 2020 at 07.40 CET

For more information, visit www.sportamore.se or contact:

Johan Ryding, CEO

Phone# 0705 56 22 26

About Sportamore

Sportamore AB (publ) is the Nordic region's leading and fastest growing technology company that sells sport-related products online. In 2018, the Group had sales of SEK 947 million. In May 2015, Sportamore was listed on NASDAQ Stockholm, and has won prices for the Year's Online Store, E-Commerce of the Year, and won the award as the Customer Service of the Year. In 2018, Sportamore and Sportamore Outlet had over 54 million visitors. Sportamore sells over 30,000 products from around 300 different brands representing more than 30 different sports. Sportamore always has focused on an attractive customer offering by offering all that the customer needs for its sport, to the right price and with fast delivery.
For more information please visit www.sportamore.se

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