December 17, 2021

Anoto's CEO resigns and is replaced by Joonhee Won

Anoto Group AB (publ) (“Anoto” or “the Company”) announces that the Company’s CEO Perry Ha is leaving Anoto for personal reasons with immediate effect. The Board has appointed Joonhee Won, who was the previous CEO of the Company, as the new CEO. Perry Ha’s decision to leave the position of CEO also means that he is leaving the Board of Anoto, which he has been a part of since 2016.

“As Joonhee Won has agreed to take over the helm as CEO again, Parry Ha’s resignation will have minimal effects. No one knows the company’s operations and products better than Joonhee and given the interest that the company is currently experiencing from the market, I believe that this change will benefit Anoto. With that said, I want to thank Perry for his many years of service for the company, especially for his efforts this year,” says Jörgen Durban, Chairman of the Board of Anoto.

“Although I left Anoto in April this year, I have been working in close cooperation with Perry and I am fully updated on issues. We have several interesting developments at Anoto and I welcome the challenge to make it succeed,” says Joonhee Won.

 

For further information, please contact:

Jörgen Durban, Chairman of the Board, Anoto Group AB

For more information about Anoto, please visit www.anoto.com or email ir@anoto.com

This information is information that Anoto Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 17 December 2021 at 08:00 CET.

About Anoto Group

Anoto is a publicly held Swedish technology company known globally for innovation in the area of information-rich patterns and the optical recognition of those patterns. It is a leader in digital writing and drawing solutions, having historically used its proprietary technology to develop smartpens and related software. These smartpens enrich the daily lives of millions of people around the world. Anoto currently has three main business lines: Livescribe retail, Enterprise Forms and OEM. Anoto also owns Knowledge AI, a leading AI based education solution company, as its majority-controlled subsidiary. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.