WPTG Strengthens Senior Leadership to Drive Global Growth

White Pearl Technology Group AB
Stockholm, Sweden - 10 October 2024

White Pearl Technology Group AB (WPTG) announces strategic changes to its senior leadership team aimed at accelerating the Company's global growth and executing its five-year vision. The details are as follows:

• Ashley de Klerk, current Group COO, appointed as Executive Vice President
• Ibrahim Srour to assume the role of Group Chief Operating Officer
• Changes effective from 10 October 2024
• Appointments support WPTG's strategy to become a significant global ICT player

Ashley de Klerk, currently serving as Group COO, will assume the newly created role of Executive Vice President, effective 10 October 2024. In this position, de Klerk will be responsible for driving Group strategy and growth across all business segments.

Simultaneously, Ibrahim Srour will step into the role of Group Chief Operating Officer, overseeing the Company's daily operational functions across all geographies.

Marco Marangoni, CEO of White Pearl Technology Group, commented: “These strategic appointments significantly bolster our leadership structure and add crucial management capacity as we focus on accelerating growth. Both Ashley and Ibrahim bring extensive experience and proven track records in the ICT sector. Their expertise will be invaluable as we work towards our vision of establishing WPTG as a major global player in the industry.”

Ashley de Klerk brings over three decades of experience in the IT industry, including significant tenures at global technology leaders such as SAS Institute and Microsoft. He joined WPTG in 2021 as Chief Operating Officer, having previously held executive positions at several IT businesses in South Africa.

Ibrahim Srour is an accomplished operations executive with over 19 years of experience in the IT industry. He joined WPTG in 2022 as Co-CEO of ECC, one of WPTG's key subsidiaries. Before joining WPTG, Srour held key leadership positions at ECC and NDF, where he led initiatives resulting in numerous successful ERP implementations and significant improvements in operational efficiency. Notably, Srour played a pivotal role in expanding operations into key Middle Eastern markets, including Saudi Arabia, UAE, and Qatar. His expertise in navigating the complexities of these markets has been instrumental in driving growth and establishing strong business relationships across the region.

These appointments are expected to have a positive impact on WPTG's operational efficiency and growth strategies for the fiscal year 2024/2025 and beyond.

For more information, please contact:

Investor Relations Manager
White Pearl Technology Group AB
Email: ir@whitepearltech.com
Phone: +46 707 340804
The company's Certified Adviser is Amudova AB, email: info@amudova.se.

White Pearl Technology Group AB (WPTG) is a global technology company specialising in digital transformation solutions. With a presence in over 30 countries and a team of more than 650 experts, WPTG helps organisations navigate the complexities of the digital age, offering services ranging from ICT and system integration to business software and digital innovation.