(Oslo, Norway, 21 December 2021) Arribatec Group ASA (Arribatec, OSE: ARR) today
announces the appointment of Geir Johansen as Chief Executive Officer (CEO)
effective 1 January 2022, while Per Ronny Stav will take up the position as
Chief Commercial Officer to drive the international expansion strategy.

"We are excited to announce the new roles for Per Ronny and Geir, as we are
approaching 2022, a transformational year for the implementation of our
international growth strategy to leverage on the platform we have built during
2021. Geir brings significant experience from a range of listed international
companies and will be in charge of leading the company through this important
growth and development phase. 
Per Ronny, with his solid track record in leading international expansion, will
take up the position as Chief Commercial Officer. In this role, Per Ronny will
focus on international revenue growth and large customer acquisitions, which
will contribute towards our ambitious growth targets for 2022 and beyond, " says
Martin Nes chairman of the board at Arribatec.

Geir Johansen has been appointed CEO of Arribatec, effective 1 January, and
comes from the position as CFO of Arribatec. Bente Brocks, currently Group Chief
Accountant of the Arribatec Group will take the position as interim CFO.
Johansen has served as CEO in DLTx ASA, as CFO in Axactor AB and has held the
CFO position at Fred. OIsen Ocean. Over the latest 20 years, Johansen has also
served as CFO in DOF Subsea, S.D. Standard Drilling and served as chairman of
Arribatec  AS prior to the listing of the company. Johansen holds a master's
degree in International Economics from the BI Norwegian Business School. 

"Arribatec is receiving encouraging feedback from customers on our product- and
service offerings, and we have developed a solid platform for accelerating the
growth. We are now entering the next phase of this journey, and IŽm honored to
be appointed CEO of the company at this stage of our development. Following our
M&A activities in 2021 and our global expansion, my primary focus will be to
execute our growth strategy and to build the organizational capabilities
required to achieve this. I look forward to working with the entire global
management team of Arribatec to realize our ambitions, deliver the growth, and
thereby create value for our shareholders." says Geir Johansen, CEO of
Arribatec.

Per Ronny Stav will take up the role as Chief Commercial Officer effective 1
January 2022. Stav comes from the position as CEO of Arribatec and also served
as Managing Director of Unit4 Denmark prior to co-founding Arribatec.
 
"Over the last year, we have acquired seven companies, seen a fourfold increase
in revenue, and built a unique platform of solutions- and services. With our new
strategy well anchored and ready for launch, I should channel my strengths and
experience to the best for the company. As CCO, I will focus entirely on
business development, sales and innovation, and drive international growth in
this new role. With a global sales team counting more than 25 people
representing our five defined business areas, focus and dedication are vital to
scaling. I'm really looking forward to this next phase of our journey and
developing this team to deliver on our growth strategy, " Per Ronny Stav
concludes. 


ENDS
For additional information, please contact: 

Geir Johansen, CEO, Arribatec, +47 4771 0451
Per Ronny Stav, Chief Commercial Officers, Arribatec: +47 994 42 378
Martin Nes, Chairman of the Board, Arribatec: +47 920 14 814

About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a
customer centric engagement model, combined with a deep system, integration, and
domain competence, Arribatec builds long term strategic partnership with a broad
customer base. Arribatec serves more than 1000 large entities spread over 25
countries and various industries, both in the private and public sector. The
company employs over 350 people, with offices in 18 countries and is listed on
the Oslo Stock Exchange under the ticker code ARR.