Techstep ASA - Board/Management Information 2023

Techstep ASA: Changes to the Board - nomination of Michael Jacobs as new chairperson

Jens Rugseth will step down as chairperson of the Board and remain as an

ordinary board member. The nomination committee of Techstep ASA ("Techstep")

proposes that the current board member Michael Jacobs is elected as new

chairperson of the Board.

"Being a chairperson requires close follow-up of the company, which is

challenging from abroad. I am therefore very happy that Michael wants to take

this position, as he brings valuable experience from transformation and

executive positions in leading international technology companies. I remain very

confident in Techstep's strategy and future prospects. Especially in these times

of economic uncertainty, the company's value proposition is attractive to all

organisations that are concerned with costs, sustainability and mobile

security", Jens Rugseth comments.

Michael Jacobs is the Executive Vice President of the Nordics at Crayon ASA. He

has more than 30 years' experience from extensive management positions from

several international technology companies. He previously was the CEO of Fell

Tech and before that he was the CEO of Atea Norway, where he improved its

business performance and lead the transformation to more value-added services.

He also served as the Managing Director of Microsoft Norway and the Managing

Director for the Nordics at Dell. He has a degree from California Lutheran

University and continuing education from, among others, Harvard University. He

is a Norwegian citizen, living in Oslo, Norway.

Techstep will convene for an extraordinary general meeting (EGM) for the

approval of the changes to the Board.

For further information, please contact:

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

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act.

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