Nordic Unmanned ASA

Board/Management Information • Jul 7, 2023

Stig H. Christiansen appointed as new CEO of Nordic Unmanned ASA

7.7.2023 08:37:18 CEST | Nordic Unmanned | Additional regulated information required to be disclosed under the laws of a member state

The Board of Directors of Nordic Unmanned ASA ("Nordic Unmanned") announces the appointment of Stig H. Christiansen (55) as the new Chief Executive Officer (CEO)of Nordic Unmanned.

Stig brings with him extensive and varied experience in management. Before committing to Nordic Unmanned, he held various pivotal management positions at, among others, Soiltech, Prosafe, Add Energy Group and Equinor. In terms of academic credentials, he has earned an MBA in International Business Economics from the University of Aalborg, supplemented by a Bachelor of Commerce from the University of Birmingham.

As the new CEO steps into his role, he succeeds our interim CEO, marking a transition to a stable and long-term leadership. This transition is particularly timely and beneficial as Nordic Unmanned is in the midst of an intensive strategic review. The experience that Stig brings is especially relevant during this crucial phase, as we explore various strategies aimed at addressing our liquidity position and strengthening our balance sheet.

"I look forward to join an exciting company in an emerging industry at a critical time." says Stig H. Christiansen.

"We are delighted to welcome Stig as the CEO of Nordic Unmanned. Stig has extensive management expertise and brings both valuable leadership experience from various executive positions and extensive financial knowledge. We are confident that Stig can lead and develop Nordic Unmanned successfully going forward together with the rest of the company's talented organization", says Astrid Skarheim Onsum, Chair of the Board of Nordic Unmanned.

Stig H. Christiansen will assume the position as CEO of Nordic Unmanned effective immediately, and Arne Roland will step down as interim CEO of Nordic Unmanned.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Euronext Growth Oslo Rule Book - Part II section 3.10 and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Contacts

Astrid Skarheim Onsum, Chair of the Board, ir@nordicunmanned.com

About Nordic Unmanned

Nordic Unmanned is a leading provider of high-end drone and data capture products and flight services. Its technology business unit is an Original Equipment Manufacturer (OEM) for the drone and sensor product lines AirRobot and DroneMatrix, serving primarily defense, security, and productivity improvement markets. The flight sevices business unit holds industry-leading expertise as an operator of rotary and fixed-wing drone systems, providing pollution monitoring, fishery control, surveillance, and logistics services. Clients include coast guards, intelligence services, and government agencies.

Nordic Unmanned has one of the world's most comprehensive permits to fly beyond visual line of sight (BVLOS), through its CAA-approved Light UAS operator Certificate (LUC). The company is ISO 9001:2015 and ISO 14001:2015 certified for the operation, maintenance, and sales of unmanned systems and sensor technology. AirRobot is EN 9100:2018 certified for its development and production capabilities of unmanned systems.

Founded in Norway in 2014, Nordic Unmanned has offices in Sandnes (NO), Molde (NO), Odense (DK), Cranfield (UK), Hasselt (BE), Arnsberg (GER), and Baltimore (US).

For more information visit - https://nordicunmanned.com/

Attachments

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