Huddlestock Fintech

Board/Management Information • Jan 10, 2022

PRESS RELEASE

(Stavanger, NORWAY – 10 January 2022) Huddlestock Fintech AS (OSE: HUDL) Ramtin Matin to join the Board of Directors

Ramtin Matin to join the Board of Directors of Huddlestock Fintech AS, officially effective as of the company´s next General Meeting.

Ramtin Matin is Head of Innovation at Sparebank 1 SR-Bank. In the past four years, Matin has contributed to the groups work on competitive positioning, business development and innovation, including the banks' early adoption of Artificial Intelligence tools to enhance its customer experience and the introduction of a roboadvisor to handle inquires for Sparebank 1 SR-Bank's Customer Service. He has had an active role in SR-Banks Venture Fund Finstart Nordic and acted as CEO of one of the fund's investment companies focused on Artificial Intelligence.

Matin is a regular speaker on Decentralised Finance, Artificial Intelligence and Blockchain, and has published several articles on the future of finance. Throughout his distinguished career, he has worked in various executive roles within strategy, technology and business development. In his last role with the American software analytics company SAS Institute, Matin headed up the regional office for Western Norway. Previous roles include management consulting with PWC and Senior Solutions Architect for SAS Institute in Norway and Denmark. He received his Executive MBA from Copenhagen Business School.

"We are delighted to have Ramtin Matin join Huddlestock's Board of Directors. His significant experience and understanding of the importance of technology innovation and embedded finance solutions in the growing platform economy, as well as, hands-on experience from business and customer intelligence as a Senior Solutions Architect with SAS Institute, the American analytics software company, will bring invaluable strategic and technical insights to Huddlestock's Board. His exceptional experience from technology innovation and software strategy will help steer the group as we expand our technology offering and professional business services outside our core markets of Germany and the Nordics in the coming years," says Øyvind Hovland, Chairman, Huddlestock Fintech Group.

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

To see all press and investor releases please have a look in the investor relations section of our corporate website www.huddlestock.com/investor-relations

For further information, please contact:

CONTACTS:

John E. Skajem, CEO, +47 418 87 412, jes@huddlestock.com Cecilia Luras, Director of Strategy & IR, +47 951 45 382, col@huddlestock.com

About Huddlestock Fintech:

Huddlestock Fintech delivers innovative technology solutions to the capital markets, treasury and wealth management industries.

Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock's SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock's mission of delivering financial inclusion by democratizing access to capital markets.

Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as Norway's first fintech company to be publicly traded.

For more information, please visit www.huddlestock.com

The announcement is made by the contact persons set out above.