Chairman declines re-election in Sleep Cycle

October 27, 2022, Gothenburg – The chairman of the board of directors in Sleep Cycle AB, Lars Berg, has today informed the nomination committee that he declines re-election at the 2023 annual general meeting.

“It has been a lovely assignment being the chairman in Sleep Cycle, a company with high growth, good profitability, and strong cash generation. When I accepted the role as chairman I promised the owners to lead the work of the board of directors through the IPO and a few years thereafter. My assignment is therefore coming to an end, and it is a natural time to let someone else take over the assignment” says Lars Berg.

For more information about Sleep Cycle, please visit https://investors.sleepcycle.com or contact:

Per Andersson
CFO and Head of Investor Relations
per.andersson@sleepcycle.com
+46 70 939 5327

Malin Abrahamsson
Head of PR
press@sleepcycle.com
+46 73 972 6424

About Sleep Cycle
With millions of daily active users and over two billion nights analyzed in more than 150 countries, Sleep Cycle is the leading sleep tracking application and one of the most widely used solutions worldwide to improve sleep health. Sleep Cycle’s mission is to improve global health by empowering people to sleep better. Since its launch in 2009, Sleep Cycle has helped millions of people understand their sleep habits and improve their sleep.  The mobile application helps users fall asleep more easily, tracks and analyses sleep during the night, wakes the user in a light sleep phase, and provides insight into how sleep quality is best improved. Sleep Cycle is one of the world’s most comprehensive sources for statistics on sleep and contributes to research and reporting on sleep worldwide. Sleep Cycle is listed on Nasdaq Stockholm under the ticker SLEEP. The head office is located in Gothenburg, Sweden.