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21 June 2021

FlexQube appoints new CFO

FlexQube has appointed Heidi Bader as Chief Financial Officer and she will start in her new role at the end of August 2021. Heidi has a background from AB Volvo Group and has worked with international finance- and business control for many years. Her most recent role was at DB Schenker. Current CFO Mikael Lindbäck will remain in the company until a proper handover has taken place.

CEO Anders Fogelberg comments: ”I am very happy to welcome Heidi to FlexQube, taking on the role as CFO and becoming a member of the management team. With extensive experience from financial reporting, control and business planning internationally in her previous roles, she will be a key player for us in our continued global growth journey.”

About FlexQube

FlexQube is a technology company headquartered in Gothenburg, Sweden with subsidiaries in USA, Mexico, Germany and England. FlexQube offers solutions for cart-based material handling using a patented modular concept. FlexQube develops and designs customized solutions for both robotic mechanical cart logistics. Through the own developed and unique automation concept FlexQube can offer robust and self-driving robotic carts. FlexQube has more than 700 customers in 30 countries with primary markets being North America and Europe.

FlexQube’s customers can be found within the manufacturing industry, distribution- and warehousing. Some examples of major customers are Volvo Cars, Siemens, Autoliv, Scania, Oda and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

anders.fogelberg@flexqube.com

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company's Certified Adviser. Read more at www.flexqube.com