Arise

Board/Management Information • Jun 2, 2021

PRESS RELEASE Halmstad, 2 June 2021

Daniel Johansson, CEO, resigns from Arise

Daniel Johansson has notified the board of directors of his intention to resign as CEO of Arise AB (publ.) ("Arise"). He will remain available to the company for six months. Daniel Johansson has been CEO of Arise since January 2016. The process of recruiting a successor will begin immediately to find a CEO that can lead the company on its continued growth journey. Under Daniel's leadership Arise has had a great development. Daniel has contributed significantly in taking the company to its current strong position.

Joachim Gahm, Chairman of the Board, Arise AB:

"Daniel has during his more than five years successfully developed the company, both financially and commercially. The company's development pipeline has been expanded and business activities have intensified. I want to thank Daniel for his decisive efforts in changing the course of the company's development. Thanks to Daniel we have taken the company to a new level".

Daniel Johansson, CEO, Arise AB:

"I am very pleased with what we as a team have accomplished during my time as CEO. It has been a privilege to lead and develop the business. The company's personnel are its greatest asset and I want to express my gratitude for their contribution. Arise is now well positioned to grow in line with the growth plan towards 2025. Together we have taken the company to a leading position within renewable energy".

Halmstad, 2 June 2021 ARISE AB (publ)

For further information, please contact:

Joachim Gahm, Chairman of the Board, Arise AB, +46 708 752 755

This information is information that Arise AB is obliged to make public pursuant to the EU MarketAbuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 10.45 CET on 2 June, 2021.

Regarding information about how we process your personal data we refer to our Privacy policy, which is available on our website www.arise.se. If you no longer wish to have our press releases and news please contact us via info@arise.se.

About Arise

Arise is a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on NASDAQ Stockholm.

Arise AB (publ), Box 808, 301 18 Halmstad, tel. +46 10 450 71 00, org.nr. 556274-6726, E-mail: info@arise.se, www.arise.se