The Board of Directors of Inzile AB (publ) (“Inzile”) has appointed Klas Åhgren as Acting CEO with immediate effect. During the period 2018-2021, Klas Åhgren has been commercially responsible for Inzile and is one of the major owners in the company.

As part of Inzile's new strategy, Klas Åhgren will, part time, be based in Mallorca in order to strengthen the company's presence in the international market for the hotels & resorts segment.

For further information, please contact:

Ragnar Åhgren, Chariman of the Board Inzile, ragnar.ahgren@inzile.com, +46 73 356 89 89

Peter Wergens, CFO Inzile, peter.wergens@inzile.com, +46 73 325 75 04