Stockholm Sweden –27 July 2020 – Cyber Security 1 AB (Publ) (the “Company”) (Nasdaq First North: CYB1), today announces the appointment of Mr. Peter Gustafsson as Special Advisor to the Board (“Advisor”) to support the Company in the ongoing reconstruction process (the “Rekonstruktion”) and further stabilisation of the business.

The Board has concluded that the Company will benefit significantly from the extensive experience of Mr. Gustafsson and is delighted to work with him in his role as an Advisor to the Board.

Mr. Gustafsson is highly experienced in both financial restructuring and capital markets through his previous roles including (inter alia) Senior Partner at Deloitte and advisory roles at large listed companies.