Truecaller has announced the appointment of Helena Svancar and Annika Poutiainen as new board members. Svancar and Poutiainen join with extensive experience from leading positions within governance, finance, and telecommunication.

"We are delighted to announce that Annika Poutiainen and Helena Svancar have been elected to join True Software Scandinavia's ("Truecaller's") Board of Directors. The rising problem of fraud and unwanted communication have accompanied digital growth as the smart phone continues to be the gateway to the digital economy, creating nuisance, mistrust and hindering economic activity. We are proud to say that Truecaller is an essential part of everyday communication for over 250 million active users and half a billion downloads since launch. These new board appointments will support Truecaller on our vision to make tomorrow's communication smarter, safer and more efficient", says Nami Zarringhalam, Chairman of the Board at Truecaller.

Poutiainen serves as a member of the Listing Committee Nasdaq Helsinki, the advisory board of Unzer Group GmbH and the board of Airtel Africa plc. Annika has previously been chair of the Council for Swedish Financial Reporting Supervision, head of market surveillance at Nasdaq Nordics, head of unit at Finansinspektionen (Swedish Financial Supervisory Authority), member of the consultative workgroup of the committee of corporate governance within the European Securities and Markets Authority, Esma, and member of the Swedish Securities Council.

Svancar has nearly 20 years of experience from investment banking in London, New York, and Stockholm. She is currently the Head of M&A at Ericsson and responsible for the company's M&A strategy, and the corporate ventures business. Prior to joining Ericsson in early 2018, she spent 18 years in investment banking, the last ten years with Deutsche Bank in London where she was Head of Corporate Finance, Nordic Region. Her other professional experience includes Rothschild and SEB Enskilda.