Heliospectra's President and CEO Resigns

Gothenburg,Sweden, 22 December 2021, at 14:00 CET– 

HeliospectraAB's President and CEO Ali Ahmadian has decided to step down as CEO. As aresult, the board has initiated the recruitment process and the search for hissuccessor. During the transition period, Bonny Heeren, board member ofHeliospectra, will step in as Acting CEO.


"On behalf of myself and the board, I wouldlike to thank Ali Ahmadian for his contributions to the company. During hisyears as CEO, Ali has stabilized the company and made good efforts tocommercialize the company. As a result, he is now leaving a well-structuredcompany with a clear future strategy and business plan," says AndreasGunnarsson, Chairman of the Board of Heliospectra.


Ali Ahmadian took over asCEO in January 2017, and during his time as CEO, he has successfully launchedseveral successful product solutions and strengthened the company's brandglobally. Ali steps down as CEO is 31 December 2021.


"It has been fantastic to work with all theskilled colleagues at Heliospectra. Together, we have driven the companytowards new successes and transformed it into today's company. Heliospectra isnow entering an exciting new phase. I see this as a good opportunity to handover my position, and I am confident that Heliospectra has a bright future in horticultureand will continue to create values for its employees, customers, andshareholders," says Ali Ahmadian, CEO of Heliospectra.


Bonny Heeren has been a board member ofHeliospectra since May 2021 and already has solid experience of the globalhorticulture and greenhouse market. Bonny is located in the Netherlands, whereover the years he has built up a wide network of growers and suppliers. Hecurrently sits as an investor in a number of start-up companies within AgTechand has before that held a number of different senior positions within theSaint-Gobain Group, most recently as division manager for Horticulture. Bonnywill take over as acting CEO on January 1, 2022.


"The new strategic direction with a focus ondata-driven cultivation and autonomous greenhouses emphasize the need forproduct development. With that, we now see the need for a CEO with a strongfocus on technical development and horticulture experience. Bonny has worked for thegreenhouse market in the Netherlands for many years and also has good insightinto Heliospectra. We are confident that he will be able to implement the newstrategy and strengthen the company during this transition period, AndreasGunnarsson continues", Andreas Gunnarsson continues


” Sustainable cultivation and data-driven solutionsare close to my heart and here I see Heliospectra as a leading and influential player in the market. I am very happy about the trust, Heliospectra is in anincredibly exciting phase, and I look forward to developing Heliospectra's position further in Europe during this transition phase”, says Bonny Heeren, board member of Heliospectra.


For More Information:

Rebecca Nordin, Head ofIR at Heliospectra | +46 (0)72 536 8116 | ir@heliospectra.com

This information is such which Heliospectra AB(publ) is obliged to make public pursuant to the EU Market Abuse Regulation The information was submitted for publication, through the agency of the contact person set out above, at 14:00 CET on December 16th 2021.


Heliospectra AB (publ)(Nasdaq First North Growth Market: HELIO) was founded in 2006 in Sweden byplant scientists and biologists with one vision – to make crop production more intelligent and resource-efficient. Today, with customers across sixcontinents, Heliospectra is the global leader in innovative horticulturelighting technology, custom light control systems and specialized services forgreenhouse and controlled plant growth environments. Designed by growersfor growers, Heliospectra builds customized LED lighting strategies andcontrols to automate production schedules, forecast yields and monitor crophealth and performance with real-time data and response, to deliver the lightplants love and the consistent results growers need. 

For more information, please visit https://www.heliospectra.com.  

CompanyHELIO is listed at Nasdaq First North Growth Market with Redeye AB as CertifiedAdviser:Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

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