Cibus's chairman, Patrick Gylling, declines re-election as chairman, but is available as an ordinary member

"I have today informed the nominations committee that I would like to leave my assignment as chairman of the board of Cibus. Nonetheless, I would gladly continue as an ordinary board member and I will give my full support to the new chairman. During the seven years I will have served as chairman, Cibus has undergone a fantastic transformation. What in 2018 was essentially a Finnish property portfolio, entirely dependent on its original owner, is today a fully developed and independent real estate company with a strong management team. I consider my assignment as chairman completed.", says Patrick Gylling

"Patrick was one of the people behind the portfolio that constituted the foundation of Cibus. After the IPO in 2018, he has served as chairman of the board of the listed company. Patrick has been a central figure in the transformation of Cibus from a listed property portfolio into a fully developed and independent company. He has led the board's work in an excellent manner. Although Patrick will continue to serve as chairman of the board in full force until the annual general meeting, I would like to this opportunity to thank him for his contribution as chairman.", says Johannes Wingborg, chairman of the nominations committee.

5 November 2024

For further information, please contact:
Johannes Wingborg, Chairman of the Nominations Committee
E-Mail: [email protected]

This information is information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release was submitted for publication by the contact persons set out above, for publication at the time specified by Cibus' news distributor beQuoted at the time of publication of this press release. The above persons can also be contacted for further information.

Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns more than 450 properties in the Nordics. The largest tenants are Kesko, Tokmanni, Coop Sweden, S Group, Dagrofa and Lidl.