Sagax

The Head of Asset Management for Sagax Sweden, Urban Sjölund, is leaving after 10 years at the company. Urban is to retire on 1 January 2025 and will be at the company's disposal until a successor has assumed office. The recruitment process for his successor has been initiated.

Comment by David Mindus, Chief Executive Officer, AB Sagax:

-  "Urban has commendably been responsible for the asset management of Sagax's Swedish operations since 2015. Together with the asset management team his efforts has contributed to a positive development of the property portfolios of both Sagax and its joint venture Söderport. On behalf of the Board of Directors and shareholders I would like to express my sincere thanks to Urban."

For more information, please contact CEO David Mindus tel. +46 8 545 83 540.

About AB Sagax

AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax's property holdings per 30 September 2024 amounted to 4,767,000 square metres, distributed over 970 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.

Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.