Martin Tiveus leave his position as CEO of Avanza

Avanza´s CEO Martin Tiveus has informed the Board of Directors of Avanza that he
intends to leave his position. He will remain in his current role during his six
months period of notice. The process of finding a new CEO for Avanza will
commence immediately and will be headed by Avanza Chairman Mr. Sven Hagströmer.
Martin Tiveus became CEO of Avanza in 2011. Since then, the company has grown
with more than 200,000 active customers and more than 100 billion SEK in Savings
Capital.

“On behalf of the Board and myself, I am sad to announce that Martin Tiveus has
chosen to move on in his career after four and a half intense and not the least
highly successful years. Martin has very actively continued to develop and
strengthen Avanza during his years with us. A work rewarded with record high
customer inflow, customer satisfaction and business results. Under Martin´s
leadership, Avanza has also further developed to an effective and innovative
organization that will continue to challenge the savings market in the future.
Despite the fact that Avanza has been fundamentally renewed during these years,
we know that Avanza is not yet fully developed. We never will be! I would also
like to wish Martin the best of luck in his new position and I am grateful that
he will not be competing with us”, says Sven Hagströmer.

“Now begins an intense search for a new CEO. The world of banking is undergoing
great change and Avanza aims to continue to be a leader in this industry. The
requirements are justifiably high from both customers, employees and
shareholders”, adds Sven Hagströmer

”I am incredibly proud of what we have accomplished together at Avanza during my
years as CEO of the company. Despite having tripled our savings capital and
doubled our customer base in only a few years, we have never compromised either
with customer satisfaction or quality. Avanza has a strong management team and a
skilled organization and I feel very confident in the future success of the
company. It´s been a pleasure to work with such great people”, says Martin
Tiveus.

Martin Tiveus has accepted an offer from EQT to become CEO of Evidensia and will
assume his new position following the completion of his work for Avanza.
For further information please contact:

Sven Hagströmer, Chairman of the Board: +46 70 728 81 92,
sven.hagstromer@avanza.se

Martin Tivéus, CEO: +46 70 861 80 04, martin.tiveus@avanza.se
Avanza is an Internet bank founded in 1999. The Parent Company, Avanza Bank
Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s mission
is that as a customer you will have more money in your pocket than if you banked
with other banks or institutions. The services include, amongst other things,
saving in shares, funds, savings accounts and a strong pension offering. Avanza
has more than 450,000 customers and more than SEK 190 billion in savings
capital. This is equivalent to 2.7 percent of the Swedish savings market. Avanza
is the largest in terms of the number of transactions of Swedish banks on the
Stockholm Stock Exchange. During the last six years Avanza has won SKI’s
(Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For
more information visit: avanza.com