Arribatec Group ASA

Share Issue/Capital Change • Mar 13, 2023

Arribatec Group ASA: Registration of reverse share split

Arribatec Group ASA: Registration of reverse share split

(Oslo, Norway, 10 March 2023) Reference is made to the stock exchange announcement made by Arribatec Group ASA (the "Company") (OSE: ARR, Arribatec) on 22 February 2023 regarding the Company's extraordinary general meeting resolving a reverse share split of the Company's shares in the ratio 10:1.

The reverse share split has now been registered with the Norwegian Register of Business Enterprises. Following such registration, the share capital of the Company is NOK 193,360,501.60 divided into 69,057,322 shares, each with a par value of NOK 2.8.

For additional information, please contact:

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

About Arribatec | www.arribatec.com

Arribatec is a consulting and software solutions 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 1500 large entities spread over 25 countries and various industries in the private and public sectors. The company employs 400 people with offices in 17 countries.