Elos Medtech AB's Board has appointed the Chairman of the Board Stefano Alfonsi as new President as of September 5, 2022. In connection with this, Stefano will step down as Chairman of the Board but remain a Board Member. The Board has appointed the current Board Member Magnus René as new Chairman of the Board as of September 5, 2022.

Stefano succeeds Jodie Gilmore and Søren Olesen who will remain in their positions as President & Business Unit Directors. The changes in the Board and Management are subject to approval by the Swedish Companies Registration Office. Stefano has extensive experience from the medical technology industry where he has held positions as Chairman of the Board of Directors and CEO of Corin Group PLC, CEO of Lima Corporate SpA and Vice President positions in Johnson & Johnson DePuy.