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                              Elekta transfers ownership of its patient positioning activities

                              May 04, 2020

                              STOCKHOLM, May 4, 2020 – Elekta (EKTA-B.ST) announced today that it has signed an agreement to transfer ownership of its German legal entity, Medical Intelligence Medizintechnik GmbH (MI), through a share sale to the 3C-Medizintechnik GmbH. MI has been responsible for developing Elekta’s patient positioning and immobilization solutions since 2005.3C-Medizintechnik GmbH belongs to a German-based group of high technology companies, named 3C-Carbon Group AG (3C), with a focus on engineering and producing modern lightweight structures. 3C is a leader in the field of high-tech fiber composite structures for the automotive, mechanical engineering, medical technology and aerospace sectors. It has been the key supplier of carbon parts and the current generation of tabletops on Elekta’s linear accelerators.

                              Karsten Jerschke, founder and Managing Director of 3C, says: “Our success is based on long-term relationships with our customers and uncompromised commitment to product quality. Our medtech customers require nothing less than perfection in their clinics and we expect to further strengthen this commitment by welcoming 55 new colleagues from Elekta’s MI business.”

                              Maurits Wolleswinkel, President Linac Solutions, says: “Elekta and 3C have had a long-standing partnership. It has been a key supplier to Elekta and with their superior design and engineering skills, we are laying a foundation for a more intense partnership towards the future. The new partnership allows Elekta to further focus on our core competency as system integrator of innovative radiation therapy solutions based on a network of supply partners.”

                              With the transaction, Elekta enters into a global supply and distribution agreement with MI for its current medical device product portfolio. All employees at the MI product supply center in Schwabmünchen, Germany will transfer, with the company, to 3C.

                              The transaction was closed in the beginning of the first quarter of Elekta’s fiscal year 2020/21. No material effect is expected on Elekta’s operating results of the first quarter of fiscal year 2020/21. Further financial details of the transaction were not disclosed

                              # # #

                              For further information, please contact:
                              Cecilia Ketels, Head of Investor Relations
                              Tel: +46 76 611 76 25, e-mail:
                              cecilia.ketels@elekta.com
                              Time zone: CET: Central European Time

                              Mattias Thorsson, Head of Corporate Communications and Public Affairs
                              Tel: +46 70 865 8012, e-mail: 
                              Mattias.Thorsson@elekta.com  
                              Time zone: CET: Central European Time

                              About Elekta
                              For almost five decades, Elekta has been a leader in precision radiation medicine. Our nearly 4,000 employees worldwide are committed to ensuring everyone in the world with cancer has access to – and benefits from – more precise, personalized radiotherapy treatments. Headquartered in Stockholm, Sweden, Elekta is listed on NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.

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                              Important Safety Information: Radiation therapy is not appropriate for all patients. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. In some patients, they can be severe. Treatment sessions may vary in complexity and time. Refer to individual product labeling (instructions for use) for more complete information on product safety and effectiveness for its intended use.