Induct AS - Induct appoints Karl Erik Brøten as new CFO

Induct is pleased to announce the appointment of Karl Erik Brøten as Chief
Financial Officer (CFO). Brøten is expected to assume the role on 17 August
2026.

Brøten is a senior finance executive with more than 25 years of leadership
experience from Norwegian and international businesses, primarily within
telecom, software and technology.

Most recently, Brøten served as interim Head of Finance for Arribatec ASA, a
software and digital business solutions company listed on Euronext Growth.
Arribatec provides enterprise software, cloud, ERP and business process
solutions to customers across multiple international markets. Through this role,
Brøten gained recent experience from a listed software company, including
restructuring, liquidity management, financial reporting and capital markets
communication.

Before his role in Arribatec, Brøten held several CFO positions within the
Telenor Group, including in Hungary, Pakistan, Malaysia and Bangladesh. He has
also served as CFO of Telia Norway and Gulf Bridge International in Qatar.
Throughout his career, he has gained extensive experience in financing,
financial reporting, performance management, strategy, investor relations and
board support.

"We are very pleased to welcome Karl Erik to Induct. He combines extensive
international CFO experience with leadership experience from a listed software
company. His background in financial management, capital markets, restructuring
and growth-oriented technology businesses will strengthen Induct as we continue
to execute our strategy and build long-term value for customers, partners and
shareholders", says Synnøve Jacobsen, CEO of Induct AS.

"I am excited to join Induct at such an important stage in the company's
development. Induct has built a strong technology platform with significant
opportunities for international growth. I look forward to working closely with
the management team and Board to further strengthen the company's financial
foundation, support scalable growth, and help create long-term value for
customers and shareholders," says Karl Erik Brøten.

Brøten will succeed Eli Cathrine Disch following the planned completion of her
interim CFO assignment. Disch will continue to serve as a member of the Board of
Directors of Induct, ensuring continuity in the Company's governance and
strategic oversight.

With reference to Induct AS' ongoing rights offering, a supplement to the
national prospectus dated 21 July 2026 prepared in accordance with chapter 7 of
the Norwegian Securities Trading Act will be drawn up and published separately.

About Induct | www.induct.net
Induct is a software company headquartered in Oslo, Norway, delivering digital
platforms that help organisations improve services, allocate resources more
effectively and accelerate innovation. The Company's solutions support
healthcare providers, public sector organisations, businesses and non-profit
initiatives through digital care pathways, grant finder platforms, and
innovation management solutions. Induct is listed on Euronext Growth Oslo under
the ticker code INDCT.

For further information, please contact:
Synnøve Jacobsen
CEO
sj@induct.net
+47 99 41 54 47

For further information\, please contact:\
Synnøve Jacobsen\
CEO\
sj@induct.net\
+47 99 41 54 47\