Board member Lisa Lindström resigns

Avanza board member Lisa Lindström has with immediate effect resigned from the Boards of Avanza Bank Holding AB (publ) and Avanza Bank AB (Avanza), due to the risk of conflicts of interest between her operational positions in the consulting firm Doberman and her role as board member of Avanza.

Avanza’s Nomination Committee will start work immediately to find a new board member candidate to replace Lisa Lindström’s expertise in the Board.

"Lisa’s unique expertise in digital media and innovation processes has been very important for Avanza. She has also been a valuable member of the Board and her presence in the boardroom will be missed. Therefore it feels natural to find a new member who can replace the expertise that Lisa has." says Sven Hagströmer, Chairman of the Board.

For further information please contact:

Sven Hagströmer, Chairman of the Board Tel: +46 (0)70-728 81 92

Avanza is an Internet bank founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s mission is that as a customer you will have more money in your pocket than if you banked with other banks or institutions. The services include, amongst other things, saving in shares, funds, savings accounts and a strong pension offering. Avanza has more than 440,000 customers and more than SEK 170 billion in savings capital. This is equivalent to just over 2 percent of the Swedish savings market. Avanza is the largest in terms of the number of transactions of Swedish banks on the Stockholm Stock Exchange. During the last five years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: avanza.com

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