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Regulatory press release

CYBER1 Executive Management Update – Acting CFO Appointed As Permanent CFO

Cyber Security 1
Download the release

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.”

For further information, please contact:


Public Relations : 
pr@cyber1.com
 
Mangold Fondkommission AB is the Company’s Certified Adviser.

About CYBER1


CYBER1 is engaged in providing cyber resilience solutions and conducts its operations through presences in Sweden, South Africa, United Arab Emirates, Kenya and the UK. Listed on Nasdaq First North Growth Market (Nasdaq: CYB1.ST), the Group delivers services and technology licenses to enhance clients’ protections against unwanted intrusions, to provide and enhance cyber resilience and to prevent various forms of information theft. CYBER1 had revenues of €52.90m in 2023.

For further information, please visit www.cyber1.com/investors.

For all company filings and reports, please visit: https://cyber1.com/investor-relations/results-reports/

This information is information that Cyber Security 1 is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-07-25 16:52 CEST.

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CYBER1 Executive Management Update – Acting CFO Appointed As Permanent CFO

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