TOMRA Systems

TOMRA: EVP TOMRA Recycling announces retirement

EVP and Head of TOMRA Recycling Dr. Volker Rehrmann has decided to retire,

effective 31 May 2025, after a remarkable career pioneering optical systems for

waste sorting within the recycling industry. Volker has been a pivotal figure

for the industry and in the company since TOMRA acquired TiTech in 2004, a

leading recycling technology company he was part of founding.

"Volker will be greatly missed in the organization. His depth of knowledge and

vision has helped TOMRA stay at the forefront of innovation within recycling

technology over the past two decades, and we are profoundly grateful for his

contribution to the company. Now, we wish him all the best in his retirement,"

says Tove Andersen, President and CEO of TOMRA.

TOMRA is pleased to announce that Katrin Fricke will replace Volker as the new

EVP and Head of TOMRA Recycling. Katrin comes from the role as Managing Director

of the German electronics company Katek, and has held several executive

positions within corporate strategy, operations, and digitalization. She has an

educational background in production engineering. Katrin will work closely with

Volker before taking over on 1 June 2025.

"Katrin brings a wealth of experience and a proven track record of delivering

outstanding results. She is performance-driven and has a passion for technology

and people. Her values align closely with the TOMRA culture, and we are

confident that she will be a great champion in realizing our vision of leading

the resource revolution. We look forward to the continued growth and success of

TOMRA Recycling under Katrin's leadership," says Andersen.

Asker, 14 January 2025

TOMRA Systems ASA

For further information, please contact:

Daniel Sundahl, Head of Investor Relations

Tel: +47 913 61 899

Mathilde Hellenes, Vice President for Public Relations

Tel: +47 456 78 255

TOMRA develops solutions that enable circular economies and optimal resource

productivity through automated identification, collection, grading, and sorting

of resources. We optimize how resources are obtained, used, and reused - turning

waste into valuable resources. Our vision is to lead the resource revolution and

enable a world without waste.

TOMRA has more than 110,000 installations in over 100 markets worldwide and had

total revenues of EUR 1,288 million in 2023. The Group employs 5,400 people

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

further information about TOMRA, please visit www.TOMRA.com

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