(Oslo, Norway, 11 October 2021) Arribatec Group ASA (Arribatec, OSE: ARR) today
announces the completion of the acquisition of Integra Associates, a global
elite partner of Unit4, to create the world's largest provider of Unit 4 ERP
services and solutions.

Reference is made to the stock exchange notice 4 May 2021 regarding the letter
of intent to acquire Integra Associates. Integra is UK's longest-standing Unit4
partner and has helped organizations improve key business processes through
industry leading solutions and services. The company, a global elite partner of
Unit4 and the 2020 global service partner of the year, has offices in Leicester
and Manchester, UK, and consists of a team of 45 highly competent resources.

The acquisition will be settled on the terms set out in the 4 May 2021
announcement:  GBP 1.125 million in cash plus the issuance of 2,045,000 new
shares in Arribatec,  as well as an earn-out element. 

Arribatec will register the new share capital with the Norwegian Register of
Business Enterprises and issue a separate announcement when the registration of
the share capital increase is completed. 

Reference is further made to the stock exchange notice by the company on 10
February 2021 regarding the potential acquisition of the four software companies
from Spanish based Grupo Hodei. The company has decided not to pursue this
acquisition and will not complete an acquisition of the Grupo Hodei companies.

For additional information, please contact: 

Per Ronny Stav, CEO, Arribatec Group ASA: +47 994 42 378
Martin Nes, Chairman of the Board, Arribatec Group ASA: +47 920 14 814


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject of the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Geir Johansen, CFO, Arribatec Group ASA, on 8
October 2021 at 07:00 CET.


About Arribatec | www.arribatec.com 
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 partnerships with a broad customer base. Arribatec
serves more than 900 large entities spread over 25 countries and various
industries, both in the private and public sectors. The company employs over 350
people, when taking announced acquisitions into account, with offices in 18
countries, and is listed on the Oslo Stock Exchange under the ticker code ARR.