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Brian McGuire resigns as board member of Zutec Holdings AB (publ)

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Dublin, Ireland, 22 April 2021 – Zutec Holding AB (publ) (“Zutec" or the “Company”) today announced that Board member Brian McGuire has at his own request chosen to resign from the board of directors to spend more time with his family and other interests. Brian McGuire founded Zutec back in 1999 and has had a fundamental role in the company. The Board thanks him for his solid work efforts.

Brian resigns with immediate effect after which the Board will consist of four members. The selection of his replacement will take place at the next Annual General Meeting.

For more information, please contact:

Mikael Näsström, Chairman of the Board of Zutec, + 46 766 11 36 23.

Gustave Geisendorf, CEO at Zutec, gustave.geisendorf@zutec.com, +353 1 201 3565.

About Zutec

Zutec is a provider of cloud-based construction management software with operations in Dublin, Abu Dhabi, London and Melbourne.Zutec Holding AB (publ) is listed on Nasdaq First North Growth Market and Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

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