Stavanger, Norway, 22 April 2025 - The Board of Directors of Desert Control AS (DSRT) announces that, by mutual agreement, Ole Kristian Sivertsen is stepping down as Chief Executive Officer (CEO) as part of a leadership transition. Sivertsen has served as the company's CEO since 2019. The Board has appointed James E. Thomas as the new CEO of Desert Control with immediate effect.

James E. Thomas, who currently serves on the Board of Directors and is the company's largest shareholder, brings over 30 years of executive experience across private equity, deep-tech, and IP-intensive industries. In addition to leading investments, he has played an active role in building and scaling companies through operational leadership and close collaboration with management teams. His background includes leadership positions at Goldman Sachs, Warburg Pincus, and as co-founder of Thomas, McNerney & Partners. He has served on more than 20 boards of innovative, science-based companies.

Lars R. Eismark, Executive Chairman of the Board, commented:

"On behalf of the Board, I sincerely thank Ole Kristian Sivertsen for his leadership and relentless dedication. He has taken Desert Control from early innovation to a company with a real-world footprint, commercial momentum, and a mission that resonates globally. We are grateful for the platform he has built. As the company enters a new phase of revenue growth in the United States and the Middle East, James E. Thomas brings a unique combination of strategic insight, financial strength, and deep engagement with Desert Control's mission. His leadership will reinforce our commercial momentum and strengthen the company's foundation for long-term growth and value creation."

Ole Kristian Sivertsen, departing CEO, stated:

"It has been a privilege to lead Desert Control from breakthrough idea to commercial foundation. I'm grateful to the Board for their unwavering support throughout this journey, and honored to hand over the leadership to James, knowing the company is in highly capable hands. With James stepping in, the company is well-positioned for its next phase. I'm proud of what we have built - and confident in the company's future."

James E. Thomas, incoming CEO, said:

"I want to express my deep appreciation to Ole Kristian for the vision, energy, and perseverance that have shaped Desert Control into what it is today. I have been lucky to spend my career with entrepreneurs and entrepreneurial businesses, and Ole has built a company with purpose, potential, and a strong platform for scale. I am honored to take on the CEO role and continue the journey forward with our exceptional team to deliver on Desert Control's vision. Our technology, talent, and mission have never been more relevant - and I look forward to driving our next phase of growth and impact."

For further information, please contact:

Lars R. Eismark

Executive Chairman, Desert Control

Mobile: +45 29 42 00 49

Email: lars.r.eismark@stromsfors.net

James E. Thomas

Chief Executive Officer, Desert Control

Mobile: +1 (203) 984-7658

Email: james.thomas@desertcontrol.com

About Desert Control:  

Desert Control develops innovative solutions to enhance soil health, conserve water, and promote ecosystem resilience. The company's mission is to combat desertification, soil degradation, and water scarcity. Our patented Liquid Natural Clay (LNC) transforms sandy, fast-draining soils to retain water and nutrients, improving soil health, crop yields, and ecosystem vitality while conserving water. Desert Control provides customized solutions to strengthen sustainability, profitability, and prosperity for agriculture, forests, and green landscapes. In collaboration with partners and clients, we aim to preserve natural resources, restore biodiversity, enhance food security, and ensure a climate-resilient future. For more information, visit: https://www.desertcontrol.com

This information is subject to the disclosure requirements pursuant to the Continuing Obligations for companies admitted to trading on Euronext Growth Oslo.