Arise

Board/Management Information • Mar 7, 2022

PRESS RELEASE Halmstad, 7 March 2022

Arise appoints new CFO

Markus Larsson has been appointed the new CFO at Arise AB (publ) ("Arise"). He will take office today. Markus Larsson has been at Arise since January 2022 working in parallel with the resigning CFO Linus Hägg which he now will succeed. As new CFO, Markus will form part of Group Management effective immediately.

Most recently Markus Larsson ran private businesses as well as held various CFO and M&A roles. Previously, Markus spent approx. 10 years in corporate finance, of which a majority at Nordea.

"We welcome Markus as the new CFO. He is a key recruitment in building our new Group Management. Markus will contribute to develop the company with extensive experience from both financing and transactions.", says Per-Erik Eriksson, CEO, Arise AB.

Halmstad, 7 March 2022 ARISE AB (publ)

For further information, please contact: Per-Erik Eriksson, CEO, Arise AB, +46 702 409 902

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 11.15 CET on 7 March, 2022.

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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