Niclas Lundin has been appointed new CFO of Soltech Energy

Soltech Energy Sweden AB (publ) has appointed Niclas Lundin as the new CFO of the Company with access by March 25, 2020.

On July 8, 2019, Soltech Energy announced that CFO Mats Holmfeldt will leave the Company when a new CFO has been recruited and entered the service. Niclas Lundin is currently CFO at Vapiano, a German listed restaurant company. Prior to joining Vapiano, Niclas worked as CFO at Dynasafe International AB and prior to that for nine years as an auditor at Deloitte.

CEO Stefan Ölander in a comment:                                                                                                                – I am very pleased with our recruitment of Niclas. He will fit perfectly into the team with his experience as CFO and with his knowledge base from many years as an auditor. We have embarked on an intensive M&A journey and Niclas will be a welcome resource and competence addition. Finally, I would also like to thank Mats Holmfeldt for his outstanding efforts during his nearly 5 years as the Company's CFO.

For further information contact: Stefan Ölander, CEO Soltech Energy Sweden AB (publ) Tel: 070-739 80 00. E-mail: stefan.olander@soltechenergy.com

About SolTech Energy Sweden AB (publ)                                                                                          SolTech Energy is a comprehensive supplier that develops, sells, installs and optimizes solar energy solutions for our customers' needs. The group includes the subsidiaries Advanced Soltech Sweden AB (publ) where the Chinese investment is conducted, SolTech Sales & Support, NP-Gruppen, Swede Energy Power Solutions, Merasol and Soldags. Soltech Energy Sweden AB (publ), is traded on Nasdaq First North Growth Market under the short name SOLT and has approximately 31,000 shareholders. The company's Certified Adviser is Erik Penser Bank. Phone: 08-463 83 00. Email: certifiedadviser@penser.se. For more information see: www.soltechenergy.com