The Board of ZignSec AB (publ) and Alex Noton have agreed that effective immediately, Alex will transition away from his current role as CEO of the company and be replaced by its current Chief Sales Officer, Glenn Mac Donald. During the transition, Alex Noton will help Glenn extensively the next three months and then continue on the board of directors, pending being reelected in the upcoming Annual General Meeting. Glenn is an outstanding executive with extensive experience in the corporate and fintech industries.

His exceptional leadership skills and ability to build high-performing teams have been evident in his numerous senior-level positions where he has effectively managed teams and driven growth. Previously, as the Chief Commercial Officer for International Card Services B.V., he executed strategies that significantly boosted the company's overall performance. His experience at Adyen and Dimebox includes building relationships with global payment networks and implementing global partner connections.

Glenn's proven track record makes him an invaluable asset to any organization. The change of CEO is done to allow for an increase of the focus on sales and growth in the group with the company's best interests in mind.