Source: Addnode Group AB

Johan Andersson new CEO from AGM 2017 and Staffan Hanstorp proposed as new Chairman of the Board

Stockholm 26 October 2016.
Addnode Group’s Board of Directors has decided to appoint Johan Andersson as new
President and CEO from the AGM on 4 May 2017. Johan Andersson is currently CFO
of the Group and has been a part of the Group Management since 2007 with
responsibilities for business development, acquisitions, communication and
investor relations. Addnode Group’s Nomination Committee will propose Staffan
Hanstorp as new Chairman of the Board.

-        The timing is right to change leadership and for me to take on a new
position. I will soon celebrate ten years as President and CEO of Addnode Group.
As one of the major shareholders in the company and in my new positon as
Chairman of the Board I will keep actively engage in overall strategic questions
and support CEO. Addnode Group will get competent leadership in Johan Andersson,
says Staffan Hanstorp.

-        Under the leadership of Staffan Hanstorp Addnode Group has tripled the
turnover and given a good return to the shareholders. Both the Board and I are
very happy that Johan Andersson will take on the assignment to lead the Group
forward, says Addnode Group’s Chairman of the Board Sigrun Hjelmquist.

-        It feels inspiring to take on the leadership for Addnode Group and
based on a strategic development with good characteristics to create long term
return to the shareholders. I look forward to continue the growth company
journey and developing the business further, says Johan Andersson.

-        The Nomination Committee has unanimously assessed Staffan Hanstorp to
be the most suitable candidate to lead the Board of Directors in the future and
will propose him as Chairman of the Board on the next Annual General Meeting
2017. In addition to his ordinary tasks as Chairman, Staffan Hanstorp will
continue to be engaged and work with the Company’s strategy and be involved in
further acquisitions of the Group, says Wilhelm Arnör, Chairman of the
Nomination Committee.

Both Johan Andersson and Staffan Hanstorp are maintaining their current
positions until the Annual General Meeting on 4 May 2017.

The information in this press release is such that Addnode Group AB (publ) must
disclose in accordance with the Market Abuse Act and the Swedish Securities
Market Act. The information was released on 26 October 2016, at 08:00 AM CET.
For more information, please contact:
Staffan Hanstorp, President and CEO, Addnode Group AB
Tel: +46 (0) 733 77 24 30, e-mail:

Johan Andersson, CFO, Addnode Group AB
Tel: +46 (0) 704 20 58 31, e-mail:

Sigrun Hjelmquist, Chairman of the Board, Addnode Group AB
Tel: +46 (0) 704 97 72 02, e-mail:

Wilhelm Arnör, Chairman of the Nomination Committee
Tel: +46 (0) 705 63 07 51 , e-mail:
About Addnode Group
Addnode Group acquires, operates and develops entrepreneur-driven companies that
supply software and services to markets in which we have or can achieve a
leading position. We are one of Europe’s leading suppliers of software and
services for design, construction and product data information, and a leading
supplier of document and case management systems to public sector clients in
Sweden and Norway. More than 600,000 engineers and officials use our system
solutions on a daily basis.
We are 1,200 employees in Sweden, Austria, Denmark, Finland, Germany, India,
Norway, Slovakia, UK, US and Serbia. Net sales in 2015 amounted to SEK 1,900 M.
Addnode Group's Series B share is listed on Nasdaq Stockholm. For more
information, please visit