Arribatec Group ASA: Ole Jakob Kjølvik appointed as permanent CEO

The Board of Directors of Arribatec Group ASA ("the Company") has today appointed Ole Jakob Kjølvik as permanent Chief Executive Officer (CEO) of the Company. Kjølvik has served as interim CEO since February 2025 and assumes the permanent position with immediate effect. During his tenure as interim CEO, Kjølvik has led a successful turnaround of the Company, delivering significant financial and operational improvements. With the turnaround phase completed, the Board considers Kjølvik the right leader to drive Arribatec into its next phase of development and growth. "Ole Jakob has demonstrated strong leadership and execution capabilities. He works well across all parts of the business and with the Board, and we are confident he is the right person to lead Arribatec forward," says Chairman Håkon Reistad Fure. "I am grateful for the trust the Board has placed in me. We have built a solid foundation together over the past year, and I believe Arribatec is well positioned to continue delivering on our growth ambitions. I look forward to continuing this journey with our talented and dedicated people – delivering results for our customers and creating long-term value for our shareholders," says Ole Jakob Kjølvik. For further information, please contact: Håkon Reistad Fure, Chair of the Board, Arribatec Group ASA About Arribatec Group ASA, www.arribatec.com Arribatec is a software and consulting company headquartered in Oslo, providing digital business solutions across ERP, enterprise architecture, cloud services, and business process management. The Company serves more than 1,700 clients across 25 countries and is listed on the Oslo Stock Exchange under the ticker ARR.