Eastnine in the top tier of gender equality

Eastnine ranks third in the top tier of listed companies in this year's Allbright report on gender equality in Swedish business. While the report as a whole shows little progress, Eastnine is taking a big step forward.

The Allbright Foundation annually reviews listed companies from a gender equality perspective. The survey covers the distribution in management, board and line positions. Eastnine is advancing 2020 to a shared third place of all the Swedish stock exchange's companies, compared with 32nd place in 2019. In terms of management and country managers, the distribution is completely equal. In the board, the distribution is two women and three men.

"It is gratifying that our focus on gender equality, which is part of our long-term sustainability work, is receiving attention," says Kestutis Sasnauskas. "I am convinced that a gender-equal workplace creates a more profitable company."

The real estate industry is still the most equal industry in Sweden, despite a slight decline.

For more information contact:

Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and deputy CEO, +46 7 70 224 29 35

Visit www.eastnine.com

Eastnine AB (publ) is a Swedish real estate company with a property value of EUR 336m and a long-term net asset value of EUR 260m as of June 30, 2020. Eastnine’s vision is to create and provide prime venues where ideas can flow, people can meet, and successful business can be developed. The mission is that Eastnine shall be the leading long-term provider of modern and sustainable office premises in prime locations in the Baltic capitals. Eastnine is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.

The information was submitted for publication, through the agency of the contact persons set out above, at 3.00 p.m. CET on 5 October 2020.