Hillerstorp, 16th of August, 13.00 CET

Troax Group AB has previously informed about the agreement with current CEO Thomas Widstrand, that Widstrand will retire in May 2024.

The recruitment process to find a replacement is starting now, and the intention is that a replacement should be presented with good foresight and commencing date in the spring of 2024.

For additional information, please contact:

Anders Mörck
Chairman of the board, Troax Group AB
CFO, Investment AB Latour
anders.morck@latour.se
Tel: +46 (0)31-89 17 91

Thomas Widstrand
President and CEO, Troax Group AB
Thomas.widstrand@troax.com
Tel: +46 370 828 31

About Troax

Troax is the leading global supplier of indoor perimeter protection ("metal-based mesh panel solutions") for the market segments: Machine guarding, Warehouse partitioning and Property Protection. Troax develops high quality and innovative safety solutions to protect people, property and processes.

Troax Group AB (publ), Reg. No. 556916-4030, has a global organisation with a strong sales force and efficient logistics setup, enabling local presence and short delivery times in 45 countries.

In 2022 Troax net sales amounted to around 284 MEUR and the number of employees amounted to about  1 100 persons at the end of 2022. The Company's head office is located in Hillerstorp, Sweden.

www.troax.com

https://news.cision.com/troax-group-ab/r/troax-group-is-commencing-a-recruitment-process-in-preparation-for-the-ceo-s-retirement,c3815791

https://mb.cision.com/Main/11968/3815791/2230964.pdf

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