The Board of Directors of Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has decided to evaluate the conditions for forming a new independent company with a focus on residential properties (the "Housing Portfolio") which will then be distributed to the shareholders of SBB, according to Lex Asea. The parent company in the new group will be Amasten Fastighets AB (publ).

Most recently, Malin comes from an interim assignment and has previously worked at Kungsleden for 15 years, where since 2013 she was Head of Legal and a member of Kungsleden's management team. Malin has a law degree and has previously worked as a lawyer at Mannheimer Swartling law firm. Malin will be part of the company's group management and be the Board's secretary. She takes up her role after the New Year.

"It is really gratifying that Malin has accepted the role of Head of Legal in the new company. With Malin, we get a strategic and business force with long experience from listed real estate companies and I am convinced that she will contribute a lot to the company's success," says Ylva Sarby Westman, CEO of Amasten Fastighets AB.

"I am really looking forward to being involved in developing the new company and preparing it for an IPO. The company will be a long-term and secure landlord with a strong focus on sustainability, which is important to me," says Malin Axland, incoming Head of Legal at Amasten Fastighets AB.

For further information, please contact:
Ylva Sarby Westman, CEO, Amasten Fastighets AB (publ), +46 70 690 65 97
Malin Axland, incoming Head of Legal, Amasten Fastighets AB (publ), +46 70 690 65 99

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region's leading property company in social infrastructure. The Company's strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company's series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.

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