Changes in the Terranet Management Team

Today Terranet announces that the company’s CMO, Michaela Berglund, has resigned from her duties at Terranet. Marketing and Sales will be managed by the CEO Pär-Olof Johannesson as of today.

About Terranet
Terranet AB (Nasdaq: TERRNT-B). With a vision to save lives Terranet designs and develops a new class for vision-based sensor systems, used for road safety. It markets and delivers a software stack with features available across vehicle platforms and car models. The technology was handpicked and showcased twice at Startup Autobahn in 2021. The company is located in Lund and Stuttgart. Terranet AB (publ) is listed on the Nasdaq First North Premier Growth Market. Discover more about Terranet: www.terranet.se/en.

For more information:

Thomas Falkenberg

CFO

thomas.falkenberg@terranet.se

+ 46 703 360 346