Changes in the management team

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Company Announcement No. 13-2020
Copenhagen, September 29, 2020

Rikke Møgelvang is stepping down from her position as CCO at Shape Robotics to pursue a new position as the CEO in a software company. The change is effective from 1st of November 2020.

“Rikke has been a great asset for the company and is leaving Shape Robotics with a solid foundation for future growth. Shape Robotics management team and I would like to thank Rikke for her valuable contributions to the company.” says David Johan Christensen, CEO of Shape Robotics

The Company has hired her successor who will start at the latest on the 1st of December. The new CCO has a strong commercial background in the educational robotics market, selling internationally through partners and resellers. The person’s contractual situation does not allow the company to announce the identity of the person until later this year.

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About Shape Robotics A/S
Shape Robotics A/S (”Shape Robotics” or ”the Company”) is a Danish robotics company with a strong position in the global educational technology (”EdTech”) market. The Company has developed Fable, a unique modular robot that makes it easy and fun for students to build and program their own robots. Since the launch of Fable in 2017 more than 5000 robots have been sold and shipped to schools around the world.

Shape Robotics helps educational institutions provide excellent teaching that will prepare students for a fast-changing future where digital technologies, artificial intelligence, and automation are transforming life and work. Fable is a modular robot that students can build in seconds. The robot system is robust, can withstand everyday usage in classrooms and can be used to solve demanding tasks. Students code Fable depending on their experience - from simple block programming to coding in the advanced Python language. Comprehensive teaching materials has been developed in collaboration with professional educators. Therefore, Shape Robotics provides complete teaching solutions for educational institutions from the 3rd grade to high-school and vocational schools.

Further Information
David Johan Christensen, CEO Shape Robotics A/S
Tel. (+45) 2685 0903
Email:
david@shaperobotics.com´

Investor relations
André Fehrn, CFO Shape Robotics A/S
Tlf. (+45) 2444 8556

Email: ir@shaperobotics.com
Rugmarken 18, 3520 Farum, Denmark

CVR-nr. 38322656
www.shaperobotics.com

Certified advisor contact
Västra Hamnen Corporate Finance AB
Christer Nilsson
Tel. (+46) 733 968 404
Email: ca@vhcorp.se
Jungmansgatan 12, 211 11 Malmö, Sweden
Bredgade 30, 1260 Copenhagen, Denmark

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