RevolutionRace Corporate

BOARD OF DIRECTORS

Alexander Martensen-Larsen

Chairperson of the Board, Chairman of the Remuneration committee, Member of the Audit Committee

Born: 1975 Member of the Board since: 2023

Main employment outside of RevolutionRace: Alexander currently serves on a range of boards for both public and private companies in different sectors, including Deputy Chair for fashion apparel brands By Malene Birger and Tiger of Sweden.

Previous assignments: An investment banking background and 12 years of experience from fashion and outdoor apparel environments, latest as Chief Executive Officer for the Danish and then-public fashion company, IC Group.

Education: Degree in International Business from Copenhagen Business School as well as an MBA from IMD in Lausanne, Switzerland.

Independent in relation to the Company and Senior Management as well as the Company’s major shareholders: Yes

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Sara Diez Jauregui

Member of the Board

Born: 1975  Member of the Board since: 2023 

Previous experiences include more than 20 years of senior management experience in the fashion, sports retail and digital platforms industries for worldwide leading companies, such as Zara (Inditex), Nike and Zalando. 

Main employment outside of RevolutionRace: VP Zalando PrivateLabels and product sustainability and D&I. Current assignments: Advisory Board member at Unspun, Made2flow and Mysize.   

Previous assignments: Advisory Board member at Zeitreel (SONAE group). 

Education: Master’s degree in International Business, Trade and Commerce from ESIC Business & Marketing School in Madrid. 

Independent in relation to the Company and Senior Management as well as the Company’s major shareholders: Yes 

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Andreas Källström Säfweräng

Member of the Board, Member of the Remuneration committee

Born: 1981 Member of the Board since: 2017

Former Investment Professional at Altor Equity Partners AB and Head of Business Development at Meltwater Holding B.V. Also, previous experience as Investment Banking Analyst at Goldman Sachs Group, Inc.

Main employment outside of RevolutionRace: Partner of Altor Equity Partners AB

Current assignments: Chairman of Aarke Group AB, Audiowell Group AB, Loud Holding AB and NextGen Ecom AB. Board assignments in several companies within the groups NOD Group, Q-Matic Group and Social Entertainment Group. Board member of Altor Equity Partners AB, Lombok Invest AB, Kreti AB and Pleti AB.

Previous assignments: Board member of Meltwater Holding B.V., Piab Group Holding AB, Rotla B.V. (Infotheek Group), Trioplast Group AB and KonfiDents.

Education: MBA, Stockholm School of Economics

Independent in relation to the Company and Senior Management: Yes

Independent in relation to the Company’s major shareholders: No

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Cecilie Elde

Member of the Board, Chairman of the Audit Committee

Born: 1979 Member of the Board since: 2021

Previous experience as CFO and Business Controller of SATS Norway AS, deputy CFO of SATS Nordic, Head of Finance & Business Analysis and Head of Controlling of Tele2 Norway and Head of Commercial Excellence & Business Control of NetCom TeliaSonera Norway AS.

Main employment outside of RevolutionRace: CFO of SATS ASA

Current assignments: Board member of subsidiaries of SATS ASA.

Education: Master of Science in Business Administration at BI Norwegian Business School.

Independent in relation to the Company and Senior Management as well as the Company’s major shareholders: Yes

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Birgitta Stymne Göransson

Member of the Board, Member of the Audit Committee

Born: 1957 Member of the Board since: 2023

Main employment outside of RevolutionRace: Board chairman of MAG Interactive AB and BCB Medical Oy. Board member of Elekta AB, Pandora AS, Enea AB and Leo Pharma.

Previous assignments: CEO of Memira and Semantix, and COO and CFO of Telefos and COO of Åhléns.

Education: Master’s degree in Chemical Engineering from the Royal Institute of Technology in Stockholm and an MBA from Harvard Business School, Boston, USA.

Independent in relation to the Company and Senior Management as well as the Company’s major shareholders: Yes

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David Thörewik

Member of the Board

Born: 1977 Member of the Board since: 2023

Main employment outside of RevolutionRace: CEO of ETON

Previous assignments: 20 years of experience from fashion apparel environments, latest as Managing Director for fashion brand Weekday, and before that as CEO for the retail company Brothers and Sisters.

Education: Degree in Business Administration from Gothenburg School of Business, Economics and Law.

Independent in relation to the Company and Senior Management as well as the Company’s major shareholders: Yes

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The tasks of the Board of Directors are governed by the Swedish Companies Act, the Company's Articles of Association and the Code. In addition, the work of the Board of Directors is governed by an annual rules of procedure adopted by the Board of Directors. The Rules of Procedure regulate, among other things, how the Board meets, what matters are to be dealt with at board meetings and the division of duties and responsibilities between the members of the Board, the Chairman of the Board, the CEO and committees. The Board of Directors has also adopted special instructions for the CEO and the Board's committees.

The Board of Directors is responsible for RevolutionRace organization and the management of the company's affairs. The Board's duties include the adoption of strategies, goals, business plans, budget, annual accounts and adoption of policies. The Board of Directors shall also monitor the company's financial results and ensure that the company has good internal control and formalized procedures that ensure compliance with established principles for financial reporting and internal control and that the company's financial reporting is prepared in accordance with law, applicable accounting standards and other requirements for listed companies. In addition, the Board of Directors shall ensure that there is adequate control of the Company's compliance with laws and other rules that apply to the company's operations as well as the company's compliance with internal guidelines and evaluate the operations against the goals and policies set by the Board of Directors. The Board of Directors is also responsible for continuously evaluating the CEO's work. In addition, the Board of Directors decides on major investments and changes in the Group's organization and operations. The Chairman of the Board leads and organizes the work of the Board, ensures that the Board performs its duties and that the Board's decisions are implemented. The Chairman of the Board, together with the CEO, shall monitor the company's results and prepare and chair the Board meetings. The Chairman of the Board is also responsible for ensuring that the board members evaluate their work every year and continuously receive the information necessary to carry out their work efficiently. The Chairman of the Board represents the company vis-à-vis its shareholders.