OSE NOTIFICATION<br />
<br />
CLOSING OF INNIT AS ACQUISITION<br />
<br />
(Oslo, Norway, 1 December 2020) Arribatec Solutions ASA (OSE: ARR) today
announces the closing of the acquisition of Innit AS. <br />
<br />
Reference is made to the Oslo Stock Exchange notification of 3 November 2020
regarding the share purchase agreement related to the acquisition of 100% of the
shares in Innit AS. <br />
<br />
The acquisition was finalized and closed 1 December 2020, as outlined in the 3
November 2020 notification.  <br />
<br />
ENDS<br />
<br />
For additional information, please contact: <br />
<br />
Per Ronny Stav, CEO, Arribatec Solutions ASA: +47 994 42 378<br />
Martin Nes, Chairman of the Board, Arribatec Solutions ASA: +47 920 14 814<br />
<br />
About Arribatec | www.arribatec.com<br />
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 300 large entities spread over 20
countries and various industries, both in the private and public sector. The
company employs over 170 people with offices in 9 countries and is listed on the
Oslo Stock Exchange under the ticker code ARR.