Johan Bergman leaving JM’s Board

Regulatory News:

JM (STO:JM):

Johan Bergman has announced that he is resigning from JM’s Board of Directors with immediate effect. The reason for his decision is a potential conflict of interest between JM’s activities and Johan Bergman’s position as CEO of Niam AB, since Niam has increasingly become involved in the development of residential projects in the Stockholm area.

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 14 billion and the company has about 2,300 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.

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