Ambea's President and CEO Fredrik Gren has informed the board of directors that he is leaving the company. Fredrik Gren will remain in his current position until year end and the board of directors will now begin the recruitment of a successor.

After almost nine year at Ambea, Fredrik Gren has decided to leave his position as President and CEO of the company.

- I am proud of Ambea's development and grateful for the opportunity to work with all of Ambea's dedicated and competent employees. Ambea is an amazing company with an important role in society to provide care for children, adults, and the elderly, says Fredrik Gren, President and CEO of Ambea.

- I would like to thank Fredrik for his valuable contribution as President and CEO during the last nine years. During Fredrik's time at Ambea, the company has transformed to focus on care and is today Scandinavia's leading care provider with high quality in all aspects, says Lena Hofsberger, chairperson of Ambea.

For more information, contact:

Lena Hofsberger, Chairperson
Telephone: +46 (0)704 84 53 41
E-mail: lena.hofsberger@hofsberger.se

Jacob Persson, Head of Group Business Control & Investor Relations 
Telephone: +46 (0)708 64 07 52
E-mail: ir@ambea.se (jacob.persson@ambea.se)

Ambea press contact
Telephone: +46 (0)10 33 00 501
E-mail: press@ambea.se

This is information that Ambea 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 16:00 CET, on 28 June 2020.

Ambea is the market leading care provider in Sweden, Norway and Denmark respectively, with over 900 care units and around 26,000 employees. We offer services in disabled care, individual and family care, and elderly care with a focus on residential care and own management. We aim to be the quality leader in all that we do and our vision is to make the world a better place, one person at a time. The company was founded in 1996 and its head office is located in Solna, Sweden. Ambea is listed on Nasdaq Stockholm.

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