Mattias Lilja has been appointed as Deputy CEO of Paradox Interactive, and will assume the role immediately. As Deputy CEO, Mattias will drive operational development and will support efforts within the company's strategic focus areas.

"My long-term focus is to strengthen our stable core business and deliver a strong pipeline of projects for the future. That requires us to continue building a solid operational foundation while intensifying strategic efforts. With his broad experience within both game and operational development, Mattias is an important piece of the puzzle in taking our next step as a company," said Fredrik Wester, CEO of Paradox Interactive.

Mattias Lilja started at Paradox Interactive 2009. Among other things, he has held the positions of Executive Producer, Head of Studio, EVP of Studios, and Chief Operating Officer. Most recently, he held the role as Chief of Staff for Paradox Interactive, responsible for HR, Talent Acquisition and Communications, areas that will continue to be a part of his new role at the company.

For additional information, please contact:
Fredrik Wester, CEO Paradox Interactive
Email: ir@paradoxinteractive.com
Phone: +4670-355 54 18

About Paradox Interactive
Paradox Interactive is one of the premier developers and publishers of strategy and management games for PC and consoles. The players are located all over the world but some of the biggest markets are North America, Western Europe and Asia. The game portfolio consists of popular franchises such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Prison Architect, the Surviving games, Age of Wonders and Victoria. Paradox Interactive also owns the World of Darkness brand catalog. In total, Paradox games have over six million players each month.

Paradox Interactive AB (publ)'s shares are listed on Nasdaq Stockholm First North Premier under ticker PDX. Certified Advisor: FNCA Sweden AB. For more information, please visit www.paradoxinteractive.com.

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