Managing Director at Elos Medtech Timmersdala is appointed

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Sam Svännel has been appointed as Managing Director of Elos Medtech Timmersdala as of today May 14, 2018. Sam has long and extensive experience from leading positions within production, supply chain and project management, where his latest positions were held at Breas Medical and GE Healthcare.

Sam has also a broad knowledge from the global medical technology market. He has been located in Sweden and responsible for production sites in countries such as Sweden, USA, UK and Turkey for over ten years.

Elos Medtech is one of the leading development and production partners for medical technology products and components in the world, such as dental and orthopedic implants and instruments. The operations are conducted at facilities in Sweden, Denmark, China and the US. Customers are internationally active medical technology companies.

Elos Medtech employs more than 500 people worldwide and generates revenue that exceeds MSEK 550. Elos Medtech has been traded on NASDAQ Stockholm AB since 1989. The Elos Medtech B share is classified as a Health Care company on the Small Cap list.

Gothenburg, May 14, 2018

Elos Medtech AB (publ)

For further information, contact:

Jan Wahlström, President and CEO, +46 70-212 18 89, jan.wahlstrom@elosmedtech.com

For additional information about the Elos Medtech Group, visit www.elosmedtech.com

This is the type of information that Elos Medtech AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was issued for publication by the contact persons stated above on May 14, 2018, at 16:45 (CET).

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