Oslo, 17 November 2021: Jostein Vik has notified that he is resigning his seat
on EcoOnline Holding AS's ("EcoOnline" and "the Company") board of directors. 

Jostein Vik has been with the Company since 2015. During this period EcoOnline
has developed from a small local provider of chemical management software to
become a European EHSQ SaaS market leader with an ARR of 408 million. Jostein
will now prioritize other investments in the Viking Venture portfolio, and has
therefore decided to step down as a board member of EcoOnline Holding AS. 

The Company has during the last years established a highly competent and
experienced board with members with extensive expertise within technology,
finance, and operations. Jostein Vik's resignation will therefore not be
followed by election of a new member. 

"We thank Jostein for his contribution to EcoOnline's great growth journey and
wish him all the best in the development of Viking Venture's other investments"
says Gunnar Evensen, Chairman of EcoOnline. 

For more information please contact: 
Siw Ødegaard, CFO and Head of IR of EcoOnline  
Tel: + 47 95 75 98 48 
Email: siw.odegaard@ecoonline.com   
 
About EcoOnline 
EcoOnline is a European EHSQ SaaS market leader dedicated to developing
software, creating safer and more sustainable workplaces while ensuring
compliance. EcoOnline has offered a positive contribution to customers and
society since its inception and is a leader in the Nordics, UK, and Ireland. The
company has experienced strong organic growth over the last years and has a
clear history of successfully acquiring and integrating companies with the same
level of employee engagement as EcoOnline.