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Regulatory press release

Svenska Aerogel Holding AB (publ) appoints Gert Sköld as new CFO

Svenska Aerogel Holding
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Gert Sköld is currently CEO, and previously CFO, of Scandinavian Track Group AB and has extensive experience from leading positions within, among others, ABB, Siemens and Sandvik where he was responsible for Business Development, Finance, IT and project management for a business area of SEK 38 billion with global activity.

Gert is 53 years old and holds both a Master of Science in Industrial Engineering and Management and an MBA in International Marketing.

Tor Einar Norbakk, CEO says: "We are very pleased to welcome Gert to Svenska Aerogel. His experience from the manufacturing industry, global operations,  leading and motivating employees will be very important for our further success and growth." "I would also like to thank Stefan Kaiser for his efforts during this important period in Svenska Aerogel's history where we went from a research company to a successful listing on Nasdaq First North. We wish him good luck in the future."

Gert Sköld says: "Svenska Aerogel is a company working at the technology edge and is currently in a very exciting phase in the transition from research to production and commercialization. I look forward to support the company in its next development stage"

For further information, please contact:

Tor Einar Norbakk, CEO Svenska Aerogel +46 70 616 0867 toreinar.norbakk@aerogel.se

Svenska Aerogel has developed Quartzene, the Next Generation aerogel.  Quartzene is an additive material for products in thermal insulation, paint&coatings and filtration. Svenska Aerogel Holding AB is listed on Nasdaq First North. Certified Adviser is FNCA info@fnca.se+46 8 528 003 99.

This information is published by Svenska Aerogel through the agency of CEO Tor Einar Norbakk on July 15 2019, at 1 pm.

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