Oral proceedings in the Administrative Court concluded and verdict will be announced on 21 June 2023, at 1 pm.

The Administrative Court in Stockholm (the "Administrative Court") held oral hearings on 25 and 26 May 2023 regarding Humana Assistans AB's ("Humana Assistans") appeal against IVO's decision to revoke Humana Assistans's permit to conduct operations in, among other, personal assistance. The Administrative Court subsequently announced that a verdict will be announced on 21 June 2023 at 1 pm.

On 31 January 2023, Humana announced that IVO had decided to revoke Humana Assistans' permit to conduct operations. On February 2, 2023, Humana announced that Humana Assistans had appealed the decision to the Administrative Court and had submitted a request for suspension. On February 7, 2023, Humana announced that the Administrative Court had granted suspension.

The Administrative Court has now held oral hearings for two days, on 25 and 26 May, and announced at the conclusion of the proceedings that the verdict will be announced on 21 June 2023 at 1 pm.

The decision from IVO only covers the personal assistance operations run by Humana Assistans, whose annual net revenue and operating profit (calculated on rolling 12-month period per 31 March 2023) amount to SEK 3,226 million and SEK 203 million, respectively, corresponding to approximately 34% of the Group's net revenue and approximately 42% of the Group's operating profit. Annual net revenue and operating profit for the personal assistance business area as a whole within the Humana Group are estimated at SEK 3,475 million and SEK 205 million, respectively, corresponding to approximately 37% of the Group's net revenue and approximately 43% of the Group's operating profit.  

For more information, please contact:

Johanna Rastad
President and CEO
070 748 20 44, johanna.rastad@humana.se

Ewelina Pettersson

Head of Investor Relations

073 074 79 12, ewelina.pettersson@humana.se

Humana is a leading Nordic care company providing services within individual and family care, personal assistance, elderly care and special service housing in accordance with LSS. Humana has 20,000 employees in Sweden, Norway, Finland and Denmark providing care for 10,000 individuals and working to achieve the vision “Everyone is entitled to a good life”. In 2022, Humana’s net revenue was SEK 9,199m. Humana is listed on Nasdaq Stockholm and the company’s headquarters are located in Stockholm. Read more about Humana on: https://www.humanagroup.com/