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Vend Marketplaces ASA

Board/Management Information May 28, 2024

3738_rns_2024-05-28_e5b58382-ad29-403f-81ab-2dc14cf42082.html

Board/Management Information

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Schibsted ASA (SCHA/SCHB) - Schibsted ASA announces management changes

Schibsted ASA (SCHA/SCHB) - Schibsted ASA announces management changes

28.5.2024 08:00:00 CEST | Schibsted | Non-regulatory press releases

Schibsted ASA ("Schibsted" or "Schibsted Marketplaces") today announced a new

Executive Leadership Team, as part of its transformation into a new and more

focused marketplaces company.

The announcement follows the appointment of Christian Printzell Halvorsen as new

CEO of Schibsted Marketplaces, communicated on 16 May 2024 (read more here -

https://schibsted.com/news/christian-printzell-halvorsen-appointed-ceo-of-schibs

ted-asa/:

https://schibsted.com/news/christian-printzell-halvorsen-appointed-ceo-of-schibs

ted-asa/ ). The Executive Leadership Team will be effective after the closing of

the divestment of Schibsted's news media operations to the Tinius Trust, planned

to take place on or around 7 June 2024.

Its composition reflects Schibsted Marketplaces strategy to be centred around

our four core marketplace verticals - Mobility, Jobs, Real Estate and Recommerce

- supported by four shared functions and a Foundation unit. Hence, Schibsted's

current structure with the three business areas Nordic Marketplaces (NMP),

Media, and Growth & Investments (G&I) will cease.

"I'm really pleased to present this team of talented people, which is

fit-for-purpose for our exciting future as a more focused marketplaces company.

Together, we will unleash the full potential of the new company by building on

our strong positions and product offerings while simplifying and streamlining

the organisation and our cost base," Printzell Halvorsen says. "A key principle

as we designed the organisation was to give more strength and autonomy to our

verticals, as we strengthen our focus on the strategic opportunities within

them."

The Executive Leadership Team will, in addition to Christian Printzell

Halvorsen, consist of the following members:

Per Christian Mørland, EVP CFO (current)

In addition to his existing responsibilities, the strategic role of the CFO will

be strengthened by integrating the M&A function and the Growth portfolio from

the Growth & Investments business area into the Finance function. This includes

early stage investments, management of assets not included in the four

verticals, and the management of ownership including Schibsted's holding in

Adevinta.

Robin Suwe, EVP Mobility (new)

Robin is currently SVP Mobility within NMP and the CEO of Blocket. He has a long

career within Schibsted, starting as a Management Trainee in 2009. In 2011, he

launched and became the Head of Blocket Real Estate. He has since held several

key roles, including Chief Operating Officer of Blocket, Marketplace Director

for Motors, and SVP of Strategy & Business Development for Nordic Marketplaces.

He holds a Master of Science in Engineering from Lund University.

Eddie Sjølie, EVP Jobs (new)

Eddie is currently SVP Jobs within NMP and CEO of FINN. He has been with

Schibsted since 2011, in various senior management roles within FINN. Previous

experience includes Managing Partner in Frost Business Development, Managing

Director in Virtual Garden and Managing Director in D´Arcy. Eddie also has

experience from Orkla Brands and McKinsey & Company. He holds an MSc in

Economics and Business Administration from the Norwegian School of Economics and

a degree in law from the University of Oslo.

Kjersti Høklingen, EVP Real Estate (new)

Currently SVP Real Estate within NMP, Høklingen joined Schibsted in 2022, coming

from the role of Executive Vice President of Technology and Digital Channels in

DNB, Norway's largest bank. Previous experience includes Division Director

Innovation and Product- and Sales Development within DNB and a board membership

at real estate data company Eiendomsverdi. Kjersti has an MSc in Business

Economics from the University of Strathclyde in Glasgow and a Bachelor's degree

in Economics from BI Norwegian Business School.

Cathrine Laksfoss, EVP Recommerce (new)

Currently SVP Recommerce within NMP, Cathrine has almost eleven years of

experience from Schibsted, including as CEO of Schibsted eCommerce and

Distribution. She is the co-founder of Helthjem and has broad industry

experience including the position of CFO at Posten Bring Logistikk. She holds a

Master of Marketing from BI Norwegian Business School and an MBA from H.E.C

Paris.

Hanna Lindqvist, EVP Technology (new)

Currently SVP Technology and SVP Aurora Foundations within NMP, Hanna's new role

includes responsibility for technology strategy, architecture and tech

consolidation across Schibsted Marketplaces. She joined Schibsted in 2021. She

has broad experience from leading tech roles in companies including Svenska

Spel, PayPal, and TeliaSonera. She has a Master's degree in International

Business and German from Linköpings University.

Sven Størmer Thaulow, EVP Foundation* (changing role)

Currently Chief Data & Technology Officer for Schibsted ASA, Sven will take on a

new position in the Executive Leadership Team as responsible for the common

marketplace platform, including shared services, data, brand experience and a

new unit driving AI innovation initiatives. He joined Schibsted in 2019. Sven

has a wide experience in both tech, product and commercial roles in Cisco and

Telenor, holding positions as CMO, CEO and Managing Director. He is chair of the

board for NorwAI, the research centre at NTNU focused on AI innovation. He holds

a MSc in Industrial Economics and Technology Management, with computer science

as tech domain, from NTNU.

Ruben Søgaard, EVP Marketing & Sales (new)

Currently SVP Sales & Adjacent Products in NMP, Ruben will now lead Schibsted

Marketplaces commercial activities and brand positioning. He was previously

Commercial Director at FINN. Ruben has over 20 years of experience from agencies

such as Leo Burnett, Apt and Mediacom, the latter of which he was CEO of before

joining FINN. He holds a degree in Computer Science from the University of Oslo

and Marketing from Norges Markedshøyskole.

Ragnar Kårhus, EVP People & Communications (acting)

Responsible for leading the transformation of the Schibsted Marketplaces

organisation until a successor to the current EVP People, Grethe Malkmus, has

been appointed. Ragnar was CFO of Schibsted until mid 2023 and has since been in

a senior advisory role, leading transformation projects related to the

separation of Marketplaces and Media. Ragnar also brings broad industry

experience from CEO positions in Telenor Broadcast Holding, Canal Digital AS,

Telenor Norge AS and Waterfront Shipping ASA.

For pictures, please see the press release on schibsted.com -

http://schibsted.com.

* Foundation is a working name for this unit and will be changed at a later

stage.

Contacts

Norwegian media:

Kristine Eia Kirkholm

Head of Communications Schibsted Nordic Marketplaces

Phone: +47 932 47 875

[email protected]

Swedish media:

Daniel Frykholm

VP, Head of Group Communication

+46 70 206 77 86

[email protected]

Jann-Boje Meinecke

Head of Investor Relations

Phone: +47 941 00 835

[email protected]

Malin Ebenfelt

Investor Relations Officer

Phone: +47 916 86 710

[email protected]

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/3150/4548/Download%20announcement

%20as%20PDF.pdf

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