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Regulatory press release

Garo: GARO appoints Joe Ree as Interim President and CEO

GARO
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GARO has appointed Joe Ree as Interim President and CEO from January 15 until Tobias Byfeldt assumes the position.

Joe Ree is currently Chief Operating Officer and a member of the Group Management. For many years, Joe has also served as CEO for GARO Ireland and has played a key role in strengthening GAROs market position and driving growth in Ireland. Joe has previously held several other senior positions within the GARO Group and is therefore very familiar with the organization.

"With his operational understanding of the business and strong market focus, Joe Ree is a natural choice as Interim President and CEO", says Chairman of the Board Axel Barnekow Widmark.

"I would also like to take this opportunity to thank Jonas Klarén for his contributions at GARO and to wish him every success in his new position as CEO at Assemblin EL", says Chariman of the Board Axel Barnekow Widmark.

For more information, please contact:

Axel Barnekow Widmark, Chairman of the Board +46 (0)76 830 70 77

This information is such information that GARO AB is obligated to publish in accordance with the EU Market Abuse Regulation. The information was published by the above-mentioned contact person on January 13 2026, at 08:30 a.m.

GARO AB (publ) Corp. Reg. No. 556071-7772 is a company that develops, manufactures and markets innovative products and systems for the electrical installations market under its own brand. GARO's customer offering is to provide complete solutions in the product areas of Electrical distribution products, E-mobility, Project business & Temporary Power with a focus on electrical safety, user-friendliness and sustainability. GARO was founded in 1939, has its head office in Gnosjö and is today an international company with operations in several countries. GARO is listed on Nasdaq Stockholm under the ticker name GARO. For more information, see www.garo.se

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