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Press release

Veg of Lund moves its headquarters to Lund

Veg of Lund

Veg of Lund AB is moving the company's headquarters to Lund, in the southern part of Sweden. As of today, Veg of Lund's Swedish operations are concentrated at Scheelevägen 22 in northeastern Lund, next to the research area Ideon Science Park and Edison Park.

"We have been given the opportunity to gather our operations at a reputable address in Lund, in an area where several innovative research and development companies are active. The new premises, with offices and a simpler test kitchen, provide a good opportunity for closer collaboration between our employees in research/development and those who work with marketing/sales," says Fredrik Carling, CEO of Veg of Lund. "Also nearby is LTH, part of Lund University, where Veg of Lund's founder Eva Tornberg conducts research and continues to have access to more advanced equipment for the development of new foods based on the company's patents".

New postal and street address: Veg of Lund AB, Scheelevägen 22, SE-223 63 Lund, Sweden.

For more information, please contact:

Veg of Lund AB
Fredrik Carling, CEO
Telephone: +46 703 121 942
E-mail: fredrik.carling@vegoflund.se

About Veg of Lund AB (publ)
Veg of Lund AB (publ) develops, markets and sells plant-based foods that meet consumer demands for taste and sustainability. Veg of Lund has its roots in research at Lund University and the company's business concept is to use its knowledge, patented methods and innovative solutions to develop and sell tasty, climate-smart and locally produced products based on potatoes. Veg of Lund offers alternatives to dairy products (milk drinks) and snacks (smoothies) and also develops meat alternatives. The company's products are sold under the DUG brand to consumers, restaurants and food companies in Sweden, England and Ireland. The company has the ambition to expand mainly in Europe and Asia. The share is listed on Nasdaq First North and trades under the name VOLAB. Read more at ir.vegoflund.se (https://ir.dugdrinks.com/). Mangold Fondkommission AB is the company's Certified Adviser and can be contacted by phone: +46 8 5030 15 50 or e-mail: ca@mangold.se.

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