Techstep ASA - Board/Management Information 2023

Techstep strengthens executive management team

Techstep is pleased to announce that Anita Huun, Techstep's current CFO, will

take on the role as Chief Commercial Officer (CCO) to lead the transition to a

software led recurring revenue business model and capitalise on the growth

prospects of the company's new product portfolio. Ellen Solum, an experienced

finance professional has been appointed new Chief Financial Officer (CFO) with a

special focus on executing the ongoing optimizing of the cost base, automating

business processes and realizing synergies from the company's M&A activity.

"With Anita as the new CCO and Ellen as our new CFO, we further sharpen our

focus on both commercial growth, cost efficiencies and profitability" says Børge

Astrup, Techstep CEO. "Anita has in a short time frame impressed us with her

commercial and strategic insight, and her keen focus to drive growth and

returns, and we are very happy to see her in this new role".

Ellen Solum, the new CFO comes from the roles as Partner in Uniconsult AS,

and brings with her extensive experience from all finance functions such as

accounting, tax, controlling, treasury and investor relations and significant

experience from change management, turn-around cases and IPO processes. Ellen

has worked in both private and publicly listed companies and has previously held

positions such as CFO in Telecomputing ASA, Finance Director in Findus AS as

well as several years as a management consultant and partner.

"We have over several years acquired companies and invested in our products and

organization. Ellen has strong track record from value creation focused cost and

business processes optimization and we very much look forward to get Ellen

onboard to realize the full potential of the investments we have made" Børge

Astrup says.

The new CCO and CFO will be part of the executive management team and the

changes will be effective 1 February 2023.

For more information:

Børge Astrup, CEO, Techstep ASA: +47 928 27 676

Anita Huun, CFO, Techstep ASA: +47 924 11 563

About Techstep ASA

Techstep is a mobile technology company that enable organisations to perform

smartly, securely, and sustainably through combining software, mobile devices

and services to meet customers´ business and ESG goals. We are a leading

provider of managed mobility services in the Nordics serving more than 2,000

customers in Europe, with an annual revenue of NOK 1.3 billion in 2021. The

company is listed on the Oslo Stock Exchange under the ticker TECH. To learn

more about us, please visit www.techstep.io.

AI assistant