The situation in Israel

The attack by the Hamas terrorist group on Israeli citizens is a tragedy of great proportions. Of Surgical Science's approximately 260 employees, about half are employed at the Tel Aviv office. The office is open, and the business is up and running.

"My and the management team's primary focus is to support our employees in this difficult time for Israel. In the midst of this abnormal situation, our team spirit and the work of continuing to create the world's best medical simulation contribute to a kind of normality," says Surgical Science's CEO Gisli Hennermark.

"All of our staff is safe, and the Israeli team has weathered security challenges before," says Ran Bronstein, President, R&D at Surgical Science.

Surgical Science does not currently see anything that affects the company's ability to maintain normal operations. It is too early to assess how this will affect personnel and operations in a longer perspective, should there be a protracted war.

Gothenburg, Sweden, October 9, 2023
Surgical Science Sweden AB (publ)

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

About Surgical Science Sweden AB (publ)

One of the biggest challenges within healthcare globally is reducing injuries incurred during care. Medical education and training are key, especially as a large part of the training can now be performed outside the operating room. Surgical Science is a world leader in the development of virtual reality simulators for evidence-based training. The simulators enable surgeons and other medical specialists to train and improve their psycho-motor skills and instrument handling before entering the clinical environment. Alongside its own products, Surgical Science works with simulation solutions for medical device companies that develop instruments for clinical use, such as robotic surgery.

Surgical Science has approximately 260 employees. The company is headquartered in Gothenburg, Sweden and also has operations in Tel Aviv, Israel, as well as in Stockholm, Sweden and in Seattle and Cleveland, US. Through sales offices in the US and China as well as a global network of distributors, Surgical Science maintains a presence in most markets. Shares in Surgical Science Sweden AB (publ) are traded on Nasdaq First North Growth Market. Certified Adviser is Erik Penser Bank.

The situation in Israel