Ramtin Matin Appointed Chief Operating Officer and Chief Technology Officer; Steps Down from the Board of Directors

Huddlestock Fintech AS (OSL: HUDL) today announces that Ramtin Matin has been appointed Chief Operating Officer (COO) and Chief Technology Officer (CTO) of the Company, effective 1 July 2026. In this combined role, Mr. Matin will assume responsibility for the Company's operational delivery, technology strategy, and platform development across both the Investment-as-a-Service (IaaS) and Consulting (Visigon) divisions. In connection with his appointment to an executive management position, Mr. Matin has stepped down from his position as a member of the Board of Directors of Huddlestock Fintech AS with immediate effect.
 
Change to the Board of Directors
As a consequence of his appointment to an executive management position within the Company, Ramtin Matin has stepped down from his position as a member of the Board of Directors of Huddlestock Fintech AS, effective 1. July 2026. This change reflects the Company's governance principles regarding the separation of board and executive management functions.
The Board of Directors will propose the election of a replacement board member at the Company's Annual General Meeting, or through other applicable governance procedures, in due course.
 
"Ramtin has been a highly engaged and valuable member of our Board, and we are pleased to now welcome him into an executive role where his operational and technology leadership experience will directly support Huddlestock's European growth strategy. His deep understanding of the Company, combined with his track record in financial services transformation, makes him exceptionally well positioned to lead our operations and technology agenda as we scale the IaaS platform”, said Øyvind Hovland, Chairman of the Board, Huddlestock Fintech AS
 
"Having served on Huddlestock's board, I have a deep understanding of the Company's strategy and the opportunities ahead as we move towards commercial scaling across Europe. There is a strong fit between my professional experience from Sparebank 1 and the work ahead — growing our IaaS platform and scaling Visigon. I look forward to contributing directly to that execution, working closely with Group CEO Leif Arnold Thomas and the rest of the executive management team", said Ramtin Matin, Chief Operating Officer and Chief Technology Officer, Huddlestock Fintech AS
 
"This appointment strengthens our management team at Huddlestock and I look forward to working closely with Ramtin as we continue to execute on our growth strategy across the IaaS platform and Visigon”, said Leif Arnold Thomas, Group CEO of Huddlestock Fintech AS.
 
 
Disclosure of Shares and Options
Details of any shares, share options, or other financial instruments held by Ramtin Matin in Huddlestock Fintech AS, including any awarded as part of his executive employment terms, will be disclosed separately in accordance with the Company's obligations under the Norwegian Securities Trading Act and the Euronext Growth Oslo Rule Book regarding primary insiders. 
 
REGULATORY DISCLOSURE 
This announcement is made pursuant to the Norwegian Securities Trading Act (verdipapirhandelloven) section 5-12, Euronext Growth Oslo Rule Book Part II section 3.9, and Regulation (EU) No 596/2014 on Market Abuse (MAR) Article 17. Changes to the composition of the Board of Directors and members of management are considered inside information. This announcement has been approved for release by the Chairman of the Board, Huddlestock Fintech AS.