OSE NOTIFICATION

ARRIBATEC APPOINTS GEIR JOHANSEN AS CFO

(Oslo, Norway, 18 March 2021) Arribatec Solutions ASA has appointed Geir
Johansen as Chief Financial Officer (CFO) effective 18 March 2021. In addition,
Bente Brocks has taken up the role as Group Chief Accountant. 

"We are pleased to announce that Geir Johansen has been appointed CFO of
Arribatec. Geir has been instrumental in driving  Arribatec towards becoming a
listed company, serving at the board of Arribatec AS, and brings significant
experience from a number of listed international companies. Geir will play an
important role in implementing our ambitious growth strategy and we look forward
to him joining the team, " says Per Ronny Stav, CEO of Arribatec.

Geir Johansen takes up the position as CFO of Arribatec effective 18 March 2021
and comes from the position as CEO and CFO of Element ASA. Johansen has also
served as CFO in Axactor AB and has held the CFO position at Fred. OIsen Ocean.
Over the last 20 years, Johansen has lived and worked in the Americas, Europe as
well as North and South East Asia having held position as CFO in DOF Subsea and
S.D. Standard Drilling as well as the position as global finance director of DNV
Maritime. Johansen holds a Master's degree in International Economics from the
BI Norwegian Business School.

Additionally, Arribatec is pleased to announce that Bente Brocks has taken up
the role as Group Chief Accountant in Arribatec. Brocks comes from the position
as Group Chief Accountant in Axactor SE. Brock has extensive experience from
finance positions in companies like Europark, Weifa and SinOceanic Shipping.
Bente Brooks is a trained auditor from the University of Agder and has completed
studies at NTNU.

ENDS

For additional information, please contact: 

Per Ronny Stav, CEO, Arribatec Solutions ASA: +47 994 42 378
Martin Nes, Chairman of the Board, Arribatec Solutions ASA: +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 650 large entities spread over 20
countries and various industries, both in the private and public sector. The
company employs over 350 people, taken announced acquisition into account, with
offices in 18 countries and is listed on the Oslo Stock Exchange under the
ticker code ARR.