Fredrik Emilson new CEO of Enviro

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Scandinavian Enviro Systems (publ) ("Enviro" or the "Company") has hired Fredrik Emilson, former CEO of Höganäs AB, as the company's new Chief Executive Officer. Emilson takes office in February 2024 at the same time as current CEO Thomas Sörensson moves to a role as senior advisor.

Fredrik Emilson.

Fredrik Emilson comes most recently from Höganäs AB, where he worked since 2010 and from 2017 as CEO. During his time at Höganäs AB, Fredrik also held the role of European manager followed by the role of responsible for Asia. Höganäs is the world leader in metal powder solutions with sales totaling approximately MSEK 12,000 and with 2,400 employees globally.

Fredrik also has a background within Trelleborg Group and thereby experience from the rubber industry. He has also worked as a management consultant within E&Y with a main focus on project management and business development.

In his various roles, he has accumulated extensive experience in industrialization combined with sustainability issues. He also has extensive experience working with the automotive industry.

"Enviro are among the companies that have a real opportunity to make a significant difference and contribute positively to the ongoing climate transition. The company has acquired an extremely interesting position and it will be very exciting to be involved in scaling up its operations with the ambition of reaching a world-leading position," says Fredrik Emilson.

Entering a new phase
"With the collaboration with Antin Infrastructure Partners in place, Enviro takes a new step in its development, which requires a new type of leadership. That such an experienced and qualified leader as Fredrik Emilson steps into the role of CEO is truly gratifying as it gives the company very good conditions during its next phase. At the same time as I welcome Fredrik, I and the rest of the board also want to thank Thomas Sörensson for a very good contribution. During his eight years as CEO of the company, he has, among other things, been involved in developing our first manufacturing unit in Åsensbruk, the launch of the strategic partnership with Michelin and most recently, the creation of the world’s first large-scale tire recycling group together with Antin”, says Alf Blomqvist, chairman of Enviro.

Emilson takes office on February 5. Current CEO Thomas Sörensson will remain in the role of CEO until then and will then transition into a role as senior advisor at the company.

For further information, please contact:
Alf Blomqvist, Chairman of the Board Enviro, +46 (0)733-14 97 00, alf@blomqvistunlimited.com
Mårten Wikforss, Investor Relations, Enviro, +46 (0)705-59 11 49, marten.wikforss@envirosystems.se

FNCA Sweden AB is Enviro’s Certified Adviser on Nasdaq First North Growth Market Stockholm.

Scandinavian Enviro Systems AB
Frihamnen 16B, SE-417 70 Gothenburg
info@envirosystems.se
envirosystems.se

This disclosure contains information that Scandinavian Enviro Systems is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 12-12-2023 14:55 CET.

N.B. The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.

Scandinavian Enviro Systems contributes to enhanced environmental and economic sustainability using a patented technology for the recovery of valuable raw materials from scrapped and end-of-life products, including tires. The production of new tires using carbon black recovered with Enviro’s technology reduces carbon dioxide emissions by up to 93 per cent compared with the use of virgin carbon black. Enviro has its head office in Gothenburg and a plant for the recycling of end-of-life tires in Åsensbruk. The largest owner is the French tire manufacturer Michelin. Enviro was founded in 2001 and is listed on Nasdaq First North Growth Market. www.envirosystems.se

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Scandinavian Enviro Systems (publ) ("Enviro" or the "Company") has hired Fredrik Emilson, former CEO of Höganäs AB, as the company's new Chief Executive Officer. Emilson takes office in February 2024 at the same time as current CEO Thomas Sörensson moves to a role as senior advisor.
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Enviro are among the companies that have a real opportunity to make a significant difference and contribute positively to the ongoing climate transition. The company has acquired an extremely interesting position and it will be very exciting to be involved in scaling up its operations with the ambition of reaching a world-leading position.
Fredrik Emilson