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CYBER1 Executive Management Update – Acting CFO Appointed As Permanent CFO

MAR

Stockholm, Sweden – 25th July 2024 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) is pleased to announce that Renaldo Ferreira has been appointed as the permanent Chief Financial Officer.

Mr. Ferreira was appointed as Acting Chief Financial Officer on the 1st of February, 2024 (press release link here). Following the 2024 AGM and the reappointment of the Board & CEO, the company has moved to formalise Mr. Ferreira’s role as the permanent Chief Financial Officer, effective immediately.

As indicated previously, Mr. Ferreira brings a wealth of experience and expertise in financial management, strategic planning, and corporate governance. With a proven track record of success whilst serving as the Lead Financial Manager of CYBER1 Solutions South Africa, CYBER1’s largest operating entity by headcount and revenue. In addition to his time at CYBER1 Solutions South Africa, Mr. Ferreira has experience serving as the Financial Manager at Federal Airlines, as well as his background in auditing following the completion of his studies. Mr. Ferreira complements his professional background with a BCom in Financial Management Sciences at the University of Pretoria, a Postgraduate Diploma in Accounting Sciences from the University of South Africa, as well as being an Associate General Accountant with accreditation from the South African Institute of Chartered Accountants (SAICA).
 
Commenting on the formal appointment, Group President and Executive Director Robert Brown stated:
 
"Renaldo has continued to demonstrate his skillset and collaborative approach in an executive capacity, since his appointment as Acting CFO. I am delighted to formalise his position as the Chief Financial Officer and look forward to working closely with him across our group of companies, as CYBER1 enters an exciting phase of development and progress.”