SmartCraft ASA

SmartCraft ASA (SMCRT) - Mette Kamsvåg nominated as new chairperson of the Board

16 January 2025 - The SmartCraft Nomination Committee has decided to recommend

Mette Kamsvåg for election as the new chairperson of the Board at the Annual

General Meeting scheduled for 2 May 2025.

Gunnar Haglund has informed the Nomination Committee he will not seek reelection

as Board chair and Board member at the 2025 Annual General Meeting.

Mette Kamsvåg was elected to the Board of SmartCraft at the Annual General

Meeting in May 2024 and currently holds the position of deputy chairperson of

the Board. She has decades of domestic and international experience from the IT,

software and payment system industry. From 2011 to 2014 she was the CEO of Nets,

and she currently serves as Chair of the Board at Group.one, Chair of the Board

at WebMed and Board member at Worldline SA and SpareBank 1 SMN. She holds a

Master's degree in Management, Business and Finance from BI Norwegian School of

Management.

"Since joining the Board in 2017 and in particular as Board chair since 2021,

Gunnar Haglund has played an important role in forming SmartCraft, which is now

one of the largest software companies on Oslo Børs and the leading provider of

software solutions for the construction industry in the Nordics. On behalf of

SmartCraft, I thank Gunnar for his valuable contributions to the company. Over

the last year, since Mette joined the Board, she has proven to be a dedicated

and visionary Board member. I look forward to working even closer with her in

her new capacity as Board chairperson," says CEO of SmartCraft Gustav Line.

SmartCraft's largest owner Valedo Partners III AB, holding 39.6 percent of the

shares and votes of the company, supports the recommendation to elect Mette

Kamsvåg as the new chairperson of the Board of SmartCraft.

"With her extensive experience and proven results in the domestic and

international technology industry, Mette Kamsvåg is a perfect match for

SmartCraft. Her strategic mind set and extensive knowledge in scaling and

internationalizing software companies represents a great contribution to the

company," says Arild Bødal, Chair of SmartCraft's Nomination Committee.

The complete Nomination committee recommendation will be published in due time

ahead of the Annual General Meeting 2025.

CONTACTS

Gustav Line, CEO, +47 952 67 104, [email protected]

Kjartan Bø, CFO, +47 410 27 000, [email protected]

ABOUT SMARTCRAFT

SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to

SMEs in the construction sector, increasing their productivity, margins, and

resource efficiency. The Group currently has more than 13 300 customers and 260

employees distributed across Norway, Sweden, Finland and UK. SmartCraft was

listed on the Oslo Stock Exchange in June 2021.

This information is subject to disclosure under the Norwegian Securities Act

section 5-12 and the requirements of Oslo Børs' Continuing Obligations.

AI Terminal