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Desert Control AS Board/Management Information 2026

Feb 3, 2026

3577_rns_2026-02-03_5b394e2c-aaed-4b17-822b-8ea643176ce7.html

Board/Management Information

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Desert Control AS (DSRT): Announces Appointment of New Chief Financial Officer

Desert Control AS (DSRT): Announces Appointment of New Chief Financial Officer

Sandnes, Norway, Tuesday, 3 February 2026 - Desert Control (OSE: DSRT) today

announced the appointment of David Borah as Chief Financial Officer (CFO). The

appointment adds extensive experience in corporate finance and capital markets

to Desert Control's executive management team to support the company's continued

growth and strategic development.

"David's experience is a powerful combination of industrial sector expertise and

financial acumen, encompassing corporate finance, strategy, and capital

raising," said James Thomas, Chief Executive Officer of Desert Control. "His

appointment continues our focus on building a leadership team capable of driving

long-term value for our customers, shareholders, and employees. I would also

like to thank Leonard Chaparian for his valuable contribution as Interim CFO.

Leonard will provide transitional support to David to ensure a smooth handover."

"I am excited to join the talented team at Desert Control and contribute to the

company's future success," said Mr. Borah. "As recent United Nations reporting

on water scarcity has highlighted, there is a growing global need for solutions

that enable more efficient use of water resources. Desert Control's technology

addresses this challenge directly, and I look forward to helping expand the

company's reach to customers worldwide who can benefit from its unique

solutions."David Borah brings more than 20 years of experience from the

institutional investment management industry, where he served as an analyst and

portfolio manager with sector-specific expertise in industrials and health care.

He has held senior corporate finance roles at several NASDAQ-listed companies,

including Bicycle Therapeutics and PepGen Inc.

Previously, Mr. Borah worked at Wellington Management, Newton Investment

Management, and GW&K Investment Management. He holds an MBA from Cornell

University and a Bachelor of Arts from Brown University and is a CFA

charterholder.

For more information, please contact:

David Borah

Chief Financial Officer

[email protected]

About Desert Control

Desert Control develops innovative solutions to enhance soil health, conserve

water, and promote ecosystem resilience. The company's proprietary Liquid

Natural Clay (LNC) technology enables sandy and fast-draining soils to retain

water and nutrients, improving soil health, crop yields, and ecosystem vitality

while reducing water consumption. Desert Control delivers customized solutions

that support sustainable and profitable land use across agriculture, forestry,

and green landscapes. In collaboration with partners and customers, the company

aims to preserve natural resources, strengthen food security, and promote a

climate-resilient future.

Cautionary Note

This release contains forward-looking statements relating to the business,

performance, and prospects of Desert Control and the industry and markets in

which the company operates. Forward-looking statements are statements that are

not historical facts and may be identified by words such as "aims,"

"anticipates," "believes," "estimates," "expects," "foresees," "intends,"

"plans," "predicts," "projects," "targets," and similar expressions. Such

statements are based on current expectations, estimates, and projections,

reflect the company's current views concerning future events, and are subject to

risks, uncertainties, and assumptions that could cause actual results to differ

materially from those expressed or implied. No assurance can be given that such

forward-looking statements will prove to be correct, and readers are cautioned

not to place undue reliance on them.