Arribatec Group ASA

Regulatory Filings • Nov 19, 2024

Awarded NOK 30 million defense contract with expansion option

Awarded NOK 30 million defense contract with expansion option

(Oslo, Norway, 19 November 2024) Arribatec Group ASA (OSE: ARR, Arribatec) today announces the award of a major contract with the Norwegian Defense Material Agency (“FMA”).

The contract includes a wide range of services related to the delivery of a Business Management System for FMA, including software, expertise, training, development and support over a period of seven years, with a total estimated value of 30 MNOK. The contract also includes an option to extend the same services to the Norwegian Armed Forces, with estimated value of 166 MNOK.

The company expects to commence work for FMA during Q4 2024.

“We are excited to have been chosen to partner with FMA. The award confirms our position as a trusted partner for complex organization with highly critical community missions and we look forward to support FMA in their digital transformation journey” says Ole Jakob Kjølvik, Executive Vice President EA&BPM.

ENDS

For additional information, please contact:

Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

Ole Jakob Kjølvik, EVP Arribatec EA&BPM ASA: +47 915 98 935

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 380 people with offices in 11 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.