Henrik Håkansson resigns as CEO for Arla Plast

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The Board of Directors of Arla Plast AB (“Arla Plast”) have reached an agreement with the CEO, Henrik Håkansson, to leave his assignment within the company with immediate effect. The Board of Directors have decided to appoint Christian Krichau, current Production and Technical Manager, as deputy CEO. The recruitment process to find a new permanent CEO will commence immediately.

Henrik Håkansson assumed the position as CEO for Arla Plast in 2018. During his time as CEO, Henrik contributed to the company's development by, among other things, implementing the company's IPO. However, due to lack of consensus on issues relating to the management of the company between the Board and the CEO, the Board makes the assessment that a change of CEO is necessary.

”On behalf of the Board and myself, I would like to thank Henrik for the work he has done,” says Kenneth Synnersten, Chairman of the Board.

Additional information is provided by:

Kenneth Synnersten, Chairman of the Board

Telefon: +46 708 67 37 40

E-post: Kenneth@synnersten.se

Boel Sundvall, IR

Telefon: +46 705 60 60 18

E-post: boel.sundvall@arlaplast.com

This is information that Arla Plast AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact persons set out above, at 11.30 CET on 1 November 2021.

About Arla Plast

Arla Plast is a producer and supplier of extruded sheets made of technical plastics. The plastic sheets are made of polycarbonate (“PC”), acrylonitrile butadiene styrene (“ABS”) and polyethylene terephthalate glycol (“PETG”), with a large number of areas of application, including safety products, machine glazing, ice hockey rinks, greenhouses, pool covers, sound walls, protective barriers, suitcases, automotive components and various other construction-related areas of application. The company was founded in 1969 and is headquartered in Borensberg, Sweden. Arla Plast is listed on Nasdaq Stockholm in the Small Cap segment. Read more about Arla Plast at www.arlaplastgroup.com.