Arribatec Group ASA

Board/Management Information • Mar 18, 2021

ARRIBATEC APPOINTS GEIR JOHANSEN AS CFO

ARRIBATEC APPOINTS GEIR JOHANSEN AS CFO

OSE NOTIFICATION

ARRIBATEC APPOINTS GEIR JOHANSEN AS CFO

(Oslo, Norway, 18 March 2021) Arribatec Solutions ASA has appointed Geir Johansen as Chief Financial Officer (CFO) effective 18 March 2021. In addition, Bente Brocks has taken up the role as Group Chief Accountant.

“We are pleased to announce that Geir Johansen has been appointed CFO of Arribatec. Geir has been instrumental in driving Arribatec towards becoming a listed company, serving at the board of Arribatec AS, and brings significant experience from a number of listed international companies. Geir will play an important role in implementing our ambitious growth strategy and we look forward to him joining the team, “ says Per Ronny Stav, CEO of Arribatec.

Geir Johansen takes up the position as CFO of Arribatec effective 18 March 2021 and comes from the position as CEO and CFO of Element ASA. Johansen has also served as CFO in Axactor AB and has held the CFO position at Fred. OIsen Ocean. Over the last 20 years, Johansen has lived and worked in the Americas, Europe as well as North and South East Asia having held position as CFO in DOF Subsea and S.D. Standard Drilling as well as the position as global finance director of DNV Maritime. Johansen holds a Master’s degree in International Economics from the BI Norwegian Business School.

Additionally, Arribatec is pleased to announce that Bente Brocks has taken up the role as Group Chief Accountant in Arribatec. Brocks comes from the position as Group Chief Accountant in Axactor SE. Brock has extensive experience from finance positions in companies like Europark, Weifa and SinOceanic Shipping. Bente Brooks is a trained auditor from the University of Agder and has completed studies at NTNU.

ENDS

For additional information, please contact:

Per Ronny Stav, CEO, Arribatec Solutions ASA: +47 994 42 378

Martin Nes, Chairman of the Board, Arribatec Solutions ASA: +47 920 14 814

About Arribatec | www.arribatec.com

Arribatec is a software and consulting company headquartered in Oslo. With a customer centric engagement model, combined with a deep system, integration and domain competence, Arribatec builds long term strategic partnership with a broad customer base. Arribatec serves more than 650 large entities spread over 20 countries and various industries, both in the private and public sector. The company employs over 350 people, taken announced acquisition into account, with offices in 18 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.