Magnus René, Chairman of the Board of Ovzon AB (publ) ("Ovzon"), has today announced his wish to leave the Board of Directors. The Board has decided to appoint the Board member Regina Donato Dahlström, with broad operational experience from the telecom industry, as the new Chairman of the Board until the next annual general meeting.

Magnus René has been a Board member in Ovzon since 2018, CEO during the period May 2019-April 2021 and Chairman of the Board since 2021. He is leaving the Board with immediate effect.

"I have been engaged in Ovzon for almost 6 years as Board member, CEO and Chairman of the Board. The company's important project Ovzon 3 is now heading towards completion and the company is thus entering a new phase. It is a good time to hand over the chairmanship. Ovzon is a great company with a great team and it has been a pleasure and an honor to lead the work of the Board as well as to work with management and employees”, says Magnus René.

"Magnus has been an invaluable asset to Ovzon during this period, both as operational CEO and as Chairman of the Board. My fellow Board members, as well as the entire Ovzon team would like to extend our gratitude to Magnus for these years. Personally, I feel very inspired to take on an even greater responsibility in the company, now as Chairman of the Board, at this very exciting and important stage for the company," says Regina Donato Dahlström.

A new Chairman will be appointed through ordinary procedures during the next annual general meeting.

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