Urb-it appoints a new Group Finance Manager

Kristian Hansen, who has served as Interim CFO since May 2023, will be concluding his successful 6-month assignment with Urb-it. During his tenure, Kristian has played a crucial role in steering the company's financial direction, and his contributions have been invaluable.

Effective immediately, the daily responsibilities will be assumed by Benjamin Feld. Benjamin brings a wealth of experience in finance, having almost accumulated a decade of expertise in various finance roles at organisations such as Lidl Sverige and Arvid Nordquist. Benjamin joined Urb-it in April 2022, and his deep knowledge of the company's operations and financial landscape makes him the ideal candidate to lead Urb-it's finance department into the future.

Kevin Kviblad, CEO of Urb-it said:

"On behalf of Urb-it, we extend our heartfelt gratitude to Kristian for his invaluable contributions, and we wish him every success in his future endeavours. We are excited to welcome Benjamin as our new Group Finance Manager and firmly believe that his experience and expertise will play an important role in our ongoing growth and evolution across our European markets".

For further information please contact:

Kevin Kviblad, CEO kevin@urbit.com

Urb-it Press Office press@urbit.com

About Urb-it AB (publ) | B Corp certified

Urb-it is a rapidly growing sustainable logistics platform with a vision to transform urban logistics, one delivery at a time. We deliver urban logistics services that create a positive impact on society and the environment. We partner with brands to deliver the last mile sustainably and efficiently in urban areas across Europe.

Our customer-centric last mile delivery services are conducted by our employed couriers on our 100% e-cargo bike fleet. This reduces emissions, congestion, and noise pollution - creating healthier cities.

We are a B Corp certified business, meaning we meet and have committed to the highest verified standards of social and environmental performance. We are currently operating in urban areas inEurope’s largest e-commerce markets – France, the UK, and Spain. Our ambition is to expand into other major e-commerce markets across Europe in the coming years.

In 2022, Urb-it won Best Supply Chain Solution Award at The Retail Supply Chain & Logistics Expo.

Founded in 2014, Urb-it is a Swedish entrepreneurial company headquartered in Stockholm and listed on Nasdaq First North Growth Market.

Find out more at urb-it.com.

The company's Certified Adviser is Redeye AB.