Andreas Bonnier appointed new CEO of Quartiers Properties

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Quartiers Properties AB (publ) ("Quartiers" or the "Company") is pleased to announce that Andreas Bonnier, co-founder of Quartiers Properties and experienced in international business, has been appointed as the new CEO of the Company. Andreas, who has been an active member of the Board of Directors since 2019 and has many years of experience in developing companies in Sweden, France and Switzerland, will officially start his assignment on 1 April 2024.

Andreas' in-depth knowledge of Quartiers and his experience in leading and developing companies in an international environment were decisive factors for the Board in appointing Andreas to lead Quartiers through its next phase of growth. His background and expertise are in line with the company's strategic objective to further develop and enhance its real estate portfolio.

Andreas was one of the initiators and founders of Quartiers when the first properties were acquired in Spain in 2015. Through companies and personally, Andreas owns shares representing 8.7% of the outstanding votes.

"Andreas taking over as CEO feels like a natural step. His long tenure with the company and extensive knowledge of our business, combined with his ownership and relevant experience, make him the obvious choice to lead us forward," comments Jörgen Cederholm, Chairman of Quartiers.

"In my new role as CEO, I am excited to build on the solid platform that Quartiers already has. I will not only deepen our presence and operations on the Costa del Sol, but also actively seek and evaluate opportunities for growth in new markets. Our ambition is to take what we have successfully built, with Boho Club at the forefront, and extend it to other geographical areas, which I see as a key part of our strategy," says Andreas Bonnier.

If you have any questions, please contact:

Quartiers Properties

Jörgen Cederholm, Chairman
E-mail: Jorgen.cederholm@quartiersproperties.se
Phone: +46 70 290 19 00
Website: www.quartiersproperties.com

Briefly about the company
Quartiers Properties is a property development company at the leading edge of design and quality, operating on Spain's Costa del Sol. The company was founded in 2014.

Quartiers Properties owns and operates Boho Club, a boutique resort with a restaurant and 40 hotel rooms on the Golden Mile in Marbella. The project has won awards for its design and architecture, and since its launch in 2019, both the hotel and restaurant have established themselves as leading operations in Marbella. Visit the Boho Club website www.bohoclub.com to book a hotel room or a table at the restaurant. The restaurant is open daily for breakfast, lunch and dinner.

Mangold is the Company's Certified Adviser. Mangold can be reached on telephone number 08-503 015 50 or e-mail ca@mangold.se.

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