Adevinta — Board/Management Information 2022

Apr 12, 2022

Adevinta appoints Alex Alexander as Chief Product & Technology Officer

Adevinta appoints Alex Alexander as Chief Product & Technology Officer

Alex Alexander (https://www.globenewswire.com/NewsRoom/AttachmentNg/581ad003-

9887-402b-b32d-5ab0a7cb8135)Oslo and Barcelona, 12 April 2022 - Adevinta ASA

(ADE) has today announced that Alex Alexander will join Adevinta as Chief

Product & Technology Officer (CPTO), effective 19 April 2022. He will report to

CEO Rolv Erik Ryssdal and join the Adevinta Executive team.

Alex is an international product and technology executive with a proven track

record of leading transformation and innovative product development for some of

the world's largest companies, like Walmart, through building diverse, world-

class product and technology teams.

With over 20 years' experience in transactional commerce, Alex has helped

organisations to gain competitive advantages by using cutting edge digital

technologies, enabled by modern, agile operating models. Alex brings a unique

blend of innovation and start-up experience from e-commerce companies, such as

YOOX Net-a-Porter, as well as experience with large e-commerce retailers,

leveraging his passion for customer-centric products to help global companies

scale.

Rolv Erik Ryssdal, CEO of Adevinta, said: "We are thrilled to have a Product &

Technology leader of Alex's calibre joining Adevinta at such a pivotal time for

the company, following our acquisition of eBay Classifieds Group. His deep

expertise in digital transformation, cloud-based platform expansion and building

diverse global teams will be a strong asset toward achieving our strategy to

grow Adevinta at scale. His e-commerce experience and track record in developing

pioneering, customer-centric products across three continents and multiple

industries, from general consumer goods to travel, will add valuable knowledge

across Adevinta's verticals."

Alex Alexander, incoming Chief Product and Technology Officer at Adevinta, said:

"The combination of Adevinta's customer focus, the transformation journey and

the collaborative culture really excites me. People are the most important

consideration in any transformation journey, and I believe Adevinta's culture

matches my people-centric style of leadership, driving change through

transparency and consensus to create organisational alignment. I am humbled and

proud to become an Adevintan at this exciting period in the Company's

transformation journey."

Alex graduated from University College London (UCL) and has a Masters of

Business Administration.

Rolv Erik Ryssdal concludes: "We would like to thank Renaud Bruyeron who stepped

up as interim CPTO in June 2021. Under his leadership, our Product and

Technology teams have made huge strides in the integration of the two companies,

including designing a proposed new operating model for our Business Technology

Services function and defining both our Data and Cloud strategies. We are

pleased that Renaud will continue to play an important part at Adevinta, as he

has decided to take on a new role as Vice President of Cloud & Infrastructure

reporting into Alex."

-end-

Notes to Editors

About Adevinta

Adevinta is a leading online classifieds specialist, operating digital

marketplaces in 15 countries. The company provides technology-based services to

connect buyers with sellers and to facilitate transactions, from real estate to

motors, and consumer goods.

Adevinta's portfolio spans more than 40 digital brands, covering one billion

people and attracting approximately three billion average monthly visits.

Leading brands include top-ranked leboncoin in France, Germany's leading

classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the

Netherlands, fotocasa and InfoJobs in Spain, and 50% of fast-growing OLX Brasil.

Adevinta employs around 7,500 people committed to supporting users and customers

daily. Find out more at Adevinta.com (https://www.adevinta.com/).

Media contacts

Adevinta

Mélodie Laroche

Corporate Communications

+33 (0) 6 84 30 52 76

melodie.laroche@adevinta.com

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act