Elopak ASA - Board/Management Information 2026

Elopak ASA: Bent Axelsen appointed as interim CEO

Reference is made to Elopak ASA's ("Elopak", Oslo Børs Ticker: ELO) stock

exchange announcement on January 25, 2026 regarding CEO, Thomas Körmendi's

resignation.

Today, Elopak's Board of Directors has appointed Chief Financial Officer, Bent

Kilsund Axelsen, as interim CEO with effect from May 8, 2026. Director Finance

& Tax, Ola Buarøy has been appointed as interim CFO. The recruitment process

for a permanent CEO is progressing well and is expected to be completed by Q2

For further information, please contact:

Christian Gjerde, Head of Treasury and Investor Relations

Tel: +47 980 60 909

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication, through the

agency of the contact persons set out above, at 2026-05-04 18:07 CEST.

About Elopak

Elopak is a leading global supplier of carton packaging and filling equipment.

The company's iconic Pure-Pak® cartons are made using renewable, recyclable

and sustainably sourced materials, providing a natural and convenient

alternative to plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in

2021. Today it employs 3,000 people and sells 16 billion cartons annually

across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based

Targets to reduce emissions in line with the 1.5-degree trajectory and aim to

be Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were

rated top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.

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