TOMRA Systems - Board/Management Information 2021

The Board of Tomra Systems ASA appoints Tove Andersen as President and CEO for the TOMRA Group

The board of directors of Tomra Systems ASA has appointed Tove Andersen (b.

1970) as new President and CEO of TOMRA Group. Tove joins from Yara

International ASA where she has had a successful international career for 24

years, most recently as Executive Vice President Europe.

Tove brings extensive international industrial experience. During her 24 years,

she held several positions in Yara International spanning operational and

strategic responsibilities of increasing scope. She has been Executive Vice

President, Production, Executive Vice President, Supply Chain and has had

several management roles within Yara and Norsk Hydro/Yara. She started in Norsk

Hydro in 1997.

Tove holds a master's degree in Business Administration from BI Norwegian

Business School and a master's degree in physics and mathematics from the

Norwegian University of Science and Technology (NTNU).

The current President and CEO, Stefan Ranstrand, announced in October 2020 his

desire to step down during 2021. As requested by the Board, he will continue as

President and CEO until Tove takes over. Tove will take over at the latest 1[st]

November 2021.

Asker, April 26[th] 2021

Jan Svensson, Chairman of the board of Tomra Systems ASA

For further information, please contact Chairman of the Board Jan Svensson on

phone +46 70 577 16 40.

TOMRA was founded on an innovation in 1972 that began with design, manufacturing

and sale of reverse vending machines (RVMs) for automated collection of used

beverage containers. Today TOMRA provides technology-led solutions that enable

the circular economy with advanced collection and sorting systems that optimize

resource recovery and minimize waste in the food, recycling and mining

industries.

TOMRA has approximately 100,000 installations in over 80 markets worldwide and

had total revenues of ~9.9 billion NOK in 2020. The Group employs ~4,300

globally and is publicly listed on the Oslo Stock Exchange. (OSE: TOM). For

further information about TOMRA, please see www.tomra.com

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