Board of Directors

Elected to the Board: 2016. Elected Chairman 2024.
Born: 1976
Education: Studied for a Master of Science in Industrial Engineering at Linköping Institute of Technology. Master of Science in Telecommunications technology /Management from Institut National des Télécommunications in Paris.
Other current assignments: Chairperson of Etemad Group AB, Carla AB, Juridium AB, EGN AB and EGL Holding AB. Board member of Marconi LLC, AHUM AB, Wictor Family Office AB, Worldish AB, Salus Bostad AB and Alfa Sands AB.
Previous assignments: Board member of Actic Group AB (publ), ELLAB A/S, Visolit AS, RHN Invest AB, IK Investment Partners Norden AB, Aspia Group AB, Aspia AB, Aspia Group Holding AB, Advania AB, Ainavda HoldCo AB, Ren10 Group Holding AB, Ren10 Holding AB and Skeppsbrons Skatt AB. Chairperson of Oriac CC AB, Oriac MPP AB, Cecure Bidco AB, Cecure Holding AB, Cecure Manco (A) AB, Cecure Manco (B) AB, Cecure Manco (C) AB, Cecure MidCo AB, Cecure TopCo AB, Ren10 Top Holding AB, Renta ManCo A1 AB, Renta ManCo A2 AB, Renta ManCo A3 AB, Renta ManCo C1 AB, Renta ManCo C2 AB, Renta ManCo C3 AB, Truesec Group AB and Truesec Holding AB.
Shareholding in Netel: 427,728 shares

Alireza Etemad is independent in relation to Netel and its management as well as in relation to major shareholders of Netel.

Elected to the Board: 2016
Born: 1986
Education: Master of Science in Finance from Stockholm School of Economics.
Other current assignments: Partner IK Investment Partners. Board member of IK Investment Partners Norden AB, Leonardo BC AB and Leonardo HC AB (Mecenat Group), Michelangelo HC AB (SiteVision) and Truesec Group AB.
Previous assignments: Board member of Responda Group AB and Aspia AB. Deputy Board member of Ramudden AB and Evac Group Oy.
Shareholding in Netel: –

Carl Jakobsson is independent in relation to Netel and its management and dependent in relation to major shareholders of Netel.

Elected to the Board: 2016
Born: 1948
Education: Master of Science in Engineering from the Royal Institute of Technology, Stockholm. Management programs from IFL, ABB, Vattenfall, and others.
Other current assignments: Board member of GL add wise AB.
Previous assignments: Chairperson of the Board of Efficax Energy AB, Meltron AB, Meltron Oy, Solarus Sunpower Holding AB and Solarus Sunpower Sweden AB. Board member of Solarus Sunpower Holding BV and Solarus Smart Energy Solutions BV.
Shareholding in Netel: 26,170 shares.

Göran Lundgren is independent in relation to Netel and its management as well as in relation to major shareholders of Netel.

Born: 1981
Education: Master in marketing and management from Uppsala University
Other current assignments: Board member of Lohilo Foods AB. Chairman of Gazella AB and active in own company Tessville AB, active in advisory activities and speaking engagement.
Previous assignments: CEO Colix Systems AB CEO Urbangreen AB, CEO Aktieinvest AB, CEO Unga Aktiesparare, and Board member Spotlight Group AB, Climeon AB, Urbangreen AB, Swedish House of Finance and Investment AB Spiltan.
Shareholding in Netel: 3,500 shares.

Therese Lundstedt is independent in relation to Netel and its management as well as in relation to major shareholders of Netel.

Elected to the Board: 2021
Born: 1958
Education: Master of Laws from Stockholm University.
Other current assignments: Member of the Supervisory Board and the Audit Committee of Traton SE. Board and Audit Committee member of Scania AB and Scania CV AB. Board member of Scandinavian Enviro Systems AB and Swedish Corporate Governance Board. Deputy Board member of M&K Industrials AB.
Previous assignments: Chief Legal Officer and secretary of the Board and its committees of Telefonaktiebolaget LM Ericsson. Board member the Swedish Association for Listed Companies and the Stockholm Chamber of Commerce’s Arbitration Institute. Chairperson of Ericsson AB.
Shareholding in Netel: 30,007 shares.

Nina Macpherson is independent in relation to Netel and its management as well as in relation to major shareholders of Netel.