President and CEO Henrik Larsson Lyon has decided to leave Hexatronic

Read the original press release here.

Henrik Larsson Lyon has informed the Board that after more than 10 years in the position, he
has decided to round off his operational career and leave his role as President and CEO of
Hexatronic Group. The Board is now initiating the recruitment of a new CEO. Henrik Larsson
Lyon will remain in his role as President and CEO until a new leader has been appointed.

"During his 10 years as CEO, Henrik has together with a strong management team built Hexatronic
from a small local provider of Fiber to the home (FTTH) solutions into a global leader in FTTH as
well as Harsh environment and Data Center solutions. Hexatronic is well placed today for continued
growth and value creation for shareholders and customers. The strong position is based on our
global footprint and the uniqueness of many of our products, and, not least, it is based on the
culture and engagement of our teams worldwide. On behalf of the Board, I would like to thank
Henrik for his inspiring leadership of Hexatronic over the years, in particular, I would like to highlight
Henrik's ability to combine strategic and commercial leadership with an empathetic approach. I am
pleased that Henrik has accepted to remain in the role until a new leader has been appointed. The
Board will immediately initiate the recruitment process and will evaluate both internal and external
candidates to find a new CEO", concludes Magnus Nicolin, Chairman of the Board.

"I am grateful to have spent the last ten years with this fantastic company, and I am incredibly proud
of what we have achieved together, especially our culture and our growth journey. Hexatronic is
today an internationally established player with good growth opportunities in several exciting
markets. After all the years at the helm of Hexatronic, it has not been an easy decision to make, but
I have concluded that this is the right time to pass the baton. At this point, I hope to explore other
things in life and do not intend to continue my career in any new operational role. I intend to remain
a shareholder in Hexatronic", said Henrik Larsson Lyon.

Henrik Larsson Lyon has been the President and CEO of Hexatronic Group since 2014. According
to his contract, he has a six-month notice period.

For further information, please contact:
Pernilla Grennfelt, Head of Investor Relations, +46 (0) 702 90 99 55

This information is information that Hexatronic Group AB (publ) is obliged to make public pursuant
to the EU Market Abuse Regulation. The information was submitted for publication at 20.00 CEST
on September 17, 2024.