Stockholm 2021-02-25

PRESS RELEASE

Advania invests in northern Sweden and acquires Hi5 in Norrland – the growth journey continues enabling even further customer experience

Advania, one of the leading IT companies in the Nordic region, is now acquiring Norrland-based Hi5 with 65 employees in Umeå and Luleå. The acquisition gives customers access to more experts and solutions - in more locations - while employees get extended opportunities for development.

Niklas Tiger, CEO, Hi5 and Tomas Wanselius, CEO, Advania Sverige AB.

Thanks to long-term customer relationships, the industry's best customer satisfaction, a strong culture with fantastic employees and the rapid digitalisation, Advania has grown more than 20% annually for the past 5 years. The company is now continuing its growth journey by acquiring Norrland-based Hi5. The investment in Norrland creates new opportunities to provide service to customers with a geographically dispersed business.

"I am pleased to welcome Hi5's employees and customers to Advania," says Tomas Wanselius, CEO of Advania Sweden. "We share the passion to be close to our customers and focus on creating value for them. Both Advania and Hi5 have become successful through strong values, committed employees and a uniquely strong customer focus. Now we look forward to working together to make it easy for our customers to grow with the help of IT.”

“Hi5 has grown significantly with the help of an innovative culture based on technical expertise and customer knowledge," says Hi5's CEO, Niklas Tiger. "The combination of Hi5 and Advania gives our customers access to more innovative solutions and more expertise, regardless of whether they have

operations throughout Sweden or locally here in Umeå or Luleå. In addition, we can offer our employees far more opportunities for development in the future."

The Hi5 business will be kept together as an organizational unit also in the future, under the continued leadership of Niklas Tiger.

For more information, please contact: Tomas Wanselius, CEO, Advania Sverige AB Phone: +46 70-454 35 24 E-mail: [email protected]

About Hi5 Hi5 delivers solutions, products and consulting services within the IT area to companies and organizations through 65 employees in Umeå and Luleå. The business is conducted within the business areas Product Supply, Infrastructure, Development and Operations. Ever since the start in the early 2000s, Hi5 has developed the business with strong growth thanks to well-established values and great customer focus.

About Advania in the Nordics Advania is a Nordic IT company with headquarters in Stockholm and 1,400 employees in 27 locations in Sweden, Iceland, Norway, Finland and Denmark. The current turnover is more than SEK 5 billion and Advania has delivered more than 20% growth annually over the past five years. In Sweden, Advania is located in 11 cities with more than 600 employees who offer IT solutions with measurable results to companies in all industries as well as to the public sector. Advania Sweden focuses on helping customers improve their results with innovative use of the best available IT platforms and solutions in 10 business areas, summarized in Professional Services, Managed Services and IT Infrastructure.