Webstep

Board/Management Information • Jun 7, 2018

Webstep appoints new CFO

Oslo [7] June 2018: Liv Annike Kverneland is appointed new CFOof Webstep ASAand will assume the position on 1 September 2018.

Ms Kverneland has CFOexperience from various ITand consulting businesses. She comes to Webstep from Computas, where she has held the CFO position sinceAugust 2016. Prior this, she was CFOat CAMOand Making Waves.

"We are very pleased that LivAnnike Kverneland has accepted the position as CFO. She has strong sector knowledge within IT, digitalisation and consulting, and she is a highly qualified CFO. She will be an important resource in the Webstep management team and in our efforts to be the best partner for clients with a strategic focus on digitalisation", says Webstep CEO Kjetil Eriksen.

LivAnnike Kverneland was formerly CFOat CAMO(2014-2016) and Making Waves (2009-2014) and has six years of experience as manager at PricewaterhouseCoopers (2003-2009). She holds an MBA from the Norwegian School of Economics and Business Administration (NHH), and is a state authorized public accountant from BI - Norwegian Business School.

Ms Kverneland assumes the position on 1 September 2018 and will be part of the executive management team.

"I have followed Webstep for quite some time, and I am impressed by the growth and profitability the company has achieved. I am looking forward to working in such an ambitious and highly competent environment, and taking part in Webstep's journey going forward. The market outlook for the digital services Webstep delivers is bright, and the company's ability to attract the most talented digital heads in the industry gives Webstep a great position for further growth," says LivAnnike Kverneland.

Kjetil Bakke Eriksen, Chief Executive Officer

Cell: +47 982 98 008

Email: ir@webstep.com

Website: www.webstep.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities TradingAct.

WebstepASA is a provider of consultancy services to the private and public sector, with the ITexpertise necessary to deliver the most demanding digitalisation and ITservices.The Webstep Group employs approximately 400 employees in Norway and Sweden, of which more than 360 are expert consultants. Since its establishment in 2000, Webstep has delivered profitable growth. The company offers its services to more than 200 customers annually and has been recognised for its work environment.