Desenio Group AB's CFO Kristian Lustin will leave his position as CFO during the spring of 2023. Kristian will remain in his role until a replacement is hired, but at the latest until the end of May 2023. The recruitment process for a new CFO begins immediately.

"Kristian has handled his assignment well, but we have for some time discussed the scope of the role and the development of the areas of responsibility going forward. Kristian wants a slightly different role than what we can offer in the long term, which is behind the agreement", comments Fredrik Palm, CEO of Desenio Group.

"I look forward to continuing as CFO during the transition period and will of course ensure a structured process for both the year-end and annual report work for 2022 and the continuity within the finance function", comments Kristian Lustin, CFO at Desenio Group.

For further information, please contact:

Fredrik Palm, CEO, fredrik.palm@deseniogroup.com, +46 70 080 76 37
Kristian Lustin, CFO, kristian.lustin@deseniogroup.com, +46 76 887 24 63
Johan Hähnel, Head of IR, johan.hahnel@deseniogroup.com, +46 706 05 63 34

This information is information that Desenio Group 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 2023-01-17 17:56 CET.

Certified Adviser

FNCA Sweden AB is the company’s certified adviser. FNCA can be reached at info@fnca.se.

About Desenio Group

Desenio Group is the leading e-commerce company within affordable wall art in Europe, with a growing presence in North America. We offer our customers a unique and curated assortment of about 9,000 designs as well as frames and accessories in 35 countries via 44 local websites and are steadily expanding to new markets.
 
Desenio Group is well positioned to build upon our dynamic growth model, including our proprietary technical platform, industrialized creative processes and efficient customer acquisition approach.
 
We are headquartered in Stockholm, Sweden, with fulfilment centres in Sweden, Czech Republic and USA. Our share is traded on Nasdaq First North Growth market, under the ticker “DSNO”.

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Kristian Lustin steps down as CFO for Desenio Group during spring 2023

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