Pexip Holding

Trond K. Johannessen takes the helm as Pexip CEO

Oslo, Norway, April 20, 2022 - Pexip, a global video communication platform

provider, announces that Trond K. Johannessen has officially taken over as CEO

at Pexip, following his appointment in February 2022. Mr Johannesen will succeed

Øystein Hem, who has been Interim CEO and CFO since August 2021. Mr Hem will

return full-time to his position as CFO.

Mr. Johannessen comes to Pexip from the Embron Group, and has 25 years of

experience managing global business development, mainly in business-to-business

sectors, as well as having a consultancy background from McKinsey & Co. He also

has extensive board experience and is currently the Chair of Webstep ASA, a

publicly listed IT consultancy.

"I'm excited to get started at Pexip. The video communication industry is

entering a new era, with the use of video extending beyond meetings to a huge

range of applications across all industries. Pexip, with its unique technology,

strong customer base among large organizations, and knowledgeable team, is well

-positioned to take advantage of these new opportunities and I'm looking forward

to being part of the journey," said Mr.Johannessen.

For more information, contact:

Mirza Koristovic, Director Investor Relations, [email protected], +47 93870525

Gillian Dalslaaen, VP Corporate Communications, [email protected], tel. +47

40461025

Pexip is a video communication platform that empowers large enterprises and

public sector organizations to transform their interactions with video. Pexip's

unique core technology provides simplified collaboration for connected spaces,

privacy and business continuity for secure spaces, and customized connections

for innovative applications of video. The solution is sold through more than 300

channel partners in 75 countries and used in 190 countries. Pexip was listed on

the Oslo Stock Exchange in May 2020.

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