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Adam Tönning, born in 1991, joined Ferratum Group in 2010 and has worked for the group in various positions including Finance Manager - West Europe & APAC. He also successfully led the launch of the Group’s first deposit business in Sweden in 2012 and the launch of the lending business in Norway 2015 before being appointed Head of Financial Planning and Analysis in February 2016. Mr Tönning studied business and economics at Stockholm School of Economics in Sweden.

Directly and indirectly, as of 31 December 2020, Adam Tönning holds 11,706 shares and/or options in the Group.