Careium welcomes Q Technology Group as a shareholder

Careium welcomes Hong-Kong based Q Technology Group (Q-tech) as a new shareholder following the share purchases from Accendo Capital on January 15, 2024. Q-tech acquired 5.0% of Careium’s total share capital. Q-tech, listed on the Hong Kong stock exchange, is a market leader in innovative electronics working with a number of large-scale Western and Asian technology companies as customers. Q-tech acquired the shares at an average price of 26.50 SEK per share.

Christian Walén, CEO of Careium: “We are pleased to see the investment from Q-tech which, as a part of their extended business group, has been a valuable partner to Careium for many years. We are also grateful for the continued support of Accendo Capital."

Following the changes to ownership structure, Cidro Förvaltning AB is the largest shareholder in Careium with 15.6% of the shares followed by Accendo Capital at 12.1% and Nordea Nordic Small Cap Fund at 11.5%.

For more information, please contact:

Christian Walén, president and CEO, +46 (0) 739 09 59 65

E-mail : ir@careium.com

Careium is a leading player in technology enabled care in Europe. Careium's innovative solutions improve the safety, quality of life and independence of seniors both inside and outside the home. Careium provides its products and services to ~400,000 seniors in Sweden, Norway, the UK, Netherlands, Germany and France. Most of the seniors are connected to one of Careium’s alarm receiving centers in Sweden, Norway and the United Kingdom where approximately 25,000 alarms are handled every day by one of our 600 employees in the alarm receiving center. FNCA Sweden AB is appointed certified adviser.