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Ellen AB hires new CEO

Press release

Danderyd, November 10th, 2014

Ellen AB announced today that it has signed an employment contract with Carina Persson who will assume the position of chief executive officer for the company in February 2015. Carina Persson's previous positions include director of the Swedish market at Ferrosan for its probiotic products in the women's intimate health segment.
Carina Persson most recently served as CEO of Sweden Recycling, a subsidiary to Rentokil. Before that she was director of the Swedish market at Ferrosan for five years, where she was tasked with building up an organization to launch probiotic dietary supplements, herbal medicinal products, medical devices and intimate health products in pharmacy chains and health food stores. Vivag, a natural remedy for vaginal infections based on lactic acid bacteria, was one of the products in the company's portfolio. Ms Persson's career also includes the position of European product manager for dental pharmaceuticals.
"We are so pleased that we managed to attract Carina to the position of CEO for Ellen AB. Given her capacity and experience in the fields of intimate health and probiotics, alongside her experience of selling fast-moving consumer goods in specialty stores like pharmacies and health food stores, the board is convinced that Carina will be able to make further progress in the change process initiated at the beginning of the year that focuses on prioritized markets and launching new, exciting products," says Chairman of the Board Stefan Appelgren for
Ellen AB.
For more information, please contact Ellen AB at +46 8 412 10 00
Stefan Appelgren, Chairman of the Board

About Ellen

Ellen AB is a biotech company that has a portfolio of products which includes patented products treated with

probiotics to improve women's intimate health. Many women experience bacterial imbalance once or more often in life and women are increasingly unwilling to accept vaginal dryness and odour. Unique products in Ellen's product portfolio include the ellen® Tampon treated with Lacto Naturel (LN®), which is comprised of human lactic acid bacteria, and ellen® Probiotic Intimate Cream for External Use. Besides also containing Lacto Naturel (LN®), the cream contains natural fats that have a protective and lubricating effect. Both products are unique and stand alone in the market. A global network of distributors sells the company's products. Ellen is listed on First North (Ticker: ELN). Remium Nordic AB serves as the company's Certified Adviser. For more information, visit www.ellenab.com

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