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Six European prime ministers – the five Nordic prime ministers and German Federal Chancellor Olaf Scholz – have heard direct warnings from Ericsson President and CEO, Börje Ekholm, about the serious competitive consequences of failure to act urgently to support European digitalization.

Ericsson (NASDAQ: ERIC) today announces that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, has decided to leave Ericsson to pursue other opportunities. Mr. Pharaon has held his current position since 2019 but has been with Ericsson for 26 years during which time he has held several management positions within the Company. Mr. Pharaon will leave Ericsson at the end of August and a successor will be announced in due course.

Critical Communications World 2024 takes place in Dubai from May 14-16, and once again Ericsson will be on hand to present its mission-critical solutions such as Digital Airspace and Smart Grid Monitoring that can support mobile operators and partners in offering high-performing, resilient and secure connectivity to governments and organizations responsible for public safety and critical infrastructure.

• The companies will expand 3G and 4G networks in major cities of Jordan with Ericsson Radio System.
• The expansion will deploy 4G in areas where it is currently unavailable, effectively bringing high-speed mobile data to more people.

• The initiative will develop 5G solutions that enterprises in Malaysia can apply as they digitalize
• Malaysia’s world-class network will be the catalyst to drive the digitalization of industries
• DNB and Ericsson have signed individual MoUs with eMooVit Technology, Scania and SKF Malaysia, with Intel serving as the technology partner 

In accordance with the resolution by the Annual General Meeting 2024, Ericsson (NASDAQ:ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Program LTV I 2023 for Ericsson’s executive team.

• Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur announce a strategic partnership to drive innovation in Mobile Financial Services (MFS) and Fintech solutions.
• Collaboration aims to leverage Ericsson's global expertise and F.I.R.S.T’s innovation ecosystem to create groundbreaking solutions.
• Partnership signifies Ericsson’s strengthened leadership in the rapidly evolving financial technology sector.

Global 5G leader to join Environment and Climate Change Canada’s (ECCC) Net-Zero Challenge program aimed at reducing GHG emissions in cooperation with private sector companies.