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Sleep Cycle chair steps down from re-election role

Sleep Cycle's chairman steps down from another term

Sleep Cycle's Chairman abstains from seeking another term
Sleep Cycle's Chairman abstains from seeking another term

Sleep Cycle chair steps down from re-election role

Sleep Cycle, the leading sleep tracking application with millions of daily active users worldwide, has announced a significant change in its leadership. The upcoming 2023 annual general meeting will mark the end of Lars Berg's tenure as chairman of Sleep Cycle AB.

Sleep Cycle, headquartered in Gothenburg, Sweden, has been a pioneer in sleep health improvement since its launch in 2009. With over two billion nights analyzed in more than 150 countries, the app has helped millions of people understand their sleep habits and improve their sleep.

Lars Berg, who has led the work of the board of directors since the company's Initial Public Offering (IPO), has decided that his assignment is coming to an end. Berg, who has been instrumental in Sleep Cycle's high growth, good profitability, and strong cash generation, stated that it is a natural time for someone else to take over the assignment as chairman of Sleep Cycle AB.

Sleep Cycle's mission remains the same - to improve global health by empowering people to sleep better. The company, listed on Nasdaq Stockholm under the ticker SLEEP, continues to be one of the most widely used solutions worldwide to improve sleep health.

For further information about Sleep Cycle AB, including the appointment of a new chairman, investors are encouraged to visit the company's official investors' website. Malin Abrahamsson, Head of PR for Sleep Cycle AB, can be reached at press@our website or by phone at 46 73 972 6424. Per Andersson, the CFO and Head of Investor Relations, can be reached at per.andersson@our website or by phone at 46 70 939 5327.

As we bid farewell to Lars Berg, we look forward to the future of Sleep Cycle and the continued improvement of sleep health for millions around the world.

The searching for a new chairman to lead Sleep Cycle AB, a prestigious position in the health and technology industry, commences after Lars Berg's upcoming resignation in the 2023 annual general meeting. Continuously focused on finance and business growth, Sleep Cycle aims to maintain its position as a market leader in the field of sleep health, with its solutions being widely utilized across numerous countries.

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