(Tromsø 17 July 2023) ArcticZymes Technologies ASA (OSE:AZT) is pleased to
announce the appointment of Michael Akoh as its new Chief Executive Officer.

Michael is an accomplished business executive with strong leadership experience,
and an established reputation in the life sciences sector. He has over 20+ years
of international experience in general management, business development and
commercialization within the biopharma industry, including senior roles at
diagnostic, med tech and CRO companies. Michael holds a BSc. (Econ) and a MSc.
in International Marketing and Management from the Copenhagen Business School.

Michael says "I am delighted to have been appointed to lead ArcticZymes. It is a
business with a global presence, a talented team and a strong reputation as an
innovative supplier of novel enzymes. I look forward to engaging with the AZT
team, the Board of Directors and our shareholders and to continue to build AZT
into a world-class enzyme company".

Dr Marie Roskrow, Chairman of the Board added "We are very fortunate to have
engaged Michael as our next CEO. Coulter Partners ran an excellent search
process and we had a number of first-class candidates to choose from.in the end,
it was Michael's leadership experience, strategic approach and enthusiasm that
made him a stand-out. We welcome Michael to AZT and wish him every success".

Michael (https://www.linkedin.com/in/michaelakoh/) will commence his position no
later than 1 November 2023.

For more information, please contact:

ArcticZymes Technologies
Chairman of the Board, Marie Roskrow      Tel: +44 (0) 7496 959 743
                                      marie.roskrow@arcticzymes.com

About ArcticZymes Technologies ASA

ArcticZymes Technologies is a Norwegian life sciences company focused on the
development, manufacturing and commercialization of novel recombinant enzymes
for use in molecular research, In Vitro Diagnostics (IVD) and biomanufacturing.

The company is listed on the Oslo Stock Exchange since 2005 as ArcticZymes
Technologies under the [AZT] ticker. Its headquarters are based in Tromsø,
Norway, at the SIVA Innovation Centre.

For more information, please visit the website: www.arcticzymes.com