Porsgrunn, 14 April 2023: Recreate ASA ("Recreate" or the "Company") informs
that Eirik Engaas has tendered his resignation from his position as CFO in
Recreate in order to pursue opportunities outside of the Company. Engaas will
remain in his current role until no later than mid October 2023 coinciding with
the timeline of the current agreement with financial creditors in the
restructuring efforts of the Company. Carl Henrik Bertelsen, currently Financial
Manager in Recreate, will be the company's new CFO after Engaas. 

Bertelsen holds a Master degree from then Norwegian School of economics (NHH)
and has been Financial Manager in Recreate since 2019. Previously he was the CFO
of Netscenario AS and business controller at Kebony AS.

"I have really enjoyed working with Eirik and he will be missed when he leaves
the Company. His hard work, dedication and financial expertise have been
instrumental to Recreate - and will continue to be very important in the ongoing
restructuring efforts with a timeline until mid October 2023.

I am also very happy Carl Henrik is taking over the role, and I am confident
that his experience and knowledge of the company will be valuable going
forward", says founder and CEO of Recreate ASA, Emil Eriksrød

"I am extremely grateful for my time at Recreate. It has been an exciting and
rewarding journey, both on a personal and professional level. I will always
cherish the relationships and people I have been fortunate to work with, and I
will follow the future development of Recreate with great interest" says Eirik
Engaas. 

 
For further information, please contact:  

Emil Eriksrød, CEO  
emil.eriksrod@recreate.no  
+47 415 22 463