Arribatec Group ASA

Board/Management Information • Feb 25, 2025

CEO Geir Johansen Announces Resignation from Arribatec Group ASA

CEO Geir Johansen Announces Resignation from Arribatec Group ASA

Oslo, 25 February 2025 – Arribatec Group ASA today announced that its Chief Executive Officer, Geir Johansen, will be stepping down from his role effective 1 March 2025. After three years of dedicated service, Mr. Johansen has decided to pursue new opportunities and personal endeavours.

"We thank Geir Johansen for his leadership and significant contributions to our company. Under Mr. Johansen's guidance, Arribatec successfully navigated a consolidation phase followed by a turnaround amid deteriorating market conditions. The company is currently close to finalising this phase and the Board believes that the company now is in a much stronger position" said Board Chair Håkon Reistad Fure.

"I am proud of the progress we have made together during my tenure at Arribatec. It has been a great experience to work with such a talented global team and I am confident that the company, following an extensive restructuring period, is well-positioned for continued growth and success. As I move on to new challenges, I look forward to seeing Arribatec reach new heights and even larger goals".

The Board has appointed Ole Jakob Kjølvik as interim CEO. Mr. Kjølvik knows the group well both as the former COO and currently as EVP of EA&BPM and the Board is confident that he is in a good position to lead Arribatec going forward. Mr. Johansen will for a period be available to support Mr. Kjølvik as he takes over the reins. The Board will initiate an extensive search for a new CEO including both external and internal candidates.

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 partnerships with a broad customer base. Arribatec serves more than 1700 companies spread over 25 countries and various industries in the private and public sectors. The company employs over 280 people with offices in 11 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and was published by Geir Johansen, CEO, on the time and date provided.

For further information, please contact:

Håkon Reistad Fure

Chairman of the Board

Arribatec Group ASA

+47 40 88 90 18

hakon@colbertinvest.no