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Argeo AS

Board/Management Information Nov 18, 2021

3540_rns_2021-11-18_96146e1c-1e1b-4c9c-ab7c-d6bfad21f77c.html

Board/Management Information

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Argeo - Changes in Argeo’s corporate management

Argeo - Changes in Argeo’s corporate management

Ronny Bøhn is joining Argeo as the company’s new COO, succeeding Bjørn Jensen who will take over as head of HSEQ, leading the company’s increased focus on this crucial function, as Argeo expands into a globally operating company with increased project complexity.

Bøhn joins Argeo after more than 20 years in the marine seismic industry, most recently as CEO of Carbon Transition ASA. Prior to that Bøhn has extensive commercial and operations experience from world leading seismic company CGG and Geo-data specialist, Fugro.

Stronger focus on HSEQ

Argeo now enters the next phase of development with worldwide marine operations, resulting in an increased focus on safety for its employees. This requires dedication and high-level competency on health, safety, environmental processes, and management. To ensure Argeo succeed with the implementation of its Management System and its overall HSEQ strategy, Argeo appoints Bjørn Jensen as the company’s new head of HSEQ.

– The nature of our work involves ensuring we comply to standards and regulations as well as managing any level of risk related to our operations, says Argeo CEO Trond Crantz. - Jensen has lifelong experience within the field and has the in-depth knowledge of worldwide operations making him the perfect candidate to take Argeo HSEQ to the next level, Crantz concludes.

Both positions will report to the company’s CEO, Trond Crantz.

For more information, please contact:

Trond Figenschou Crantz, CEO

Email: [email protected]

Phone: +47 976 37 273

About Argeo

Argeo is a company with a mission to transform the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. Equipped with unique sensors and advanced digital imaging technology, the Autonomous Underwater Vehicles (“AUVs”) will significantly increase efficiency and imaging quality in addition to contribute to significant reduction in CO2 emissions from operations for the global industry in which the Company operates. The Company’s highly accurate digital models and digital twin solutions are based on geophysical, hydrographic and geological methods from shallow waters to the deepest oceans for the market segments Infrastructure, Offshore Wind, Oil & Gas and Deep-Sea Minerals. Argeo was established in 2017 and has offices in Asker and Tromsø, Norway. Since its incorporation, Argeo has carried out complex projects for some of Norway’s largest companies in the field.

www.argeo.no

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