26 Jan 2023 08:00 CET

Techstep is pleased to announce that Anita Huun, Techstep's current CFO, will
take on the role as Chief Commercial Officer (CCO) to lead the transition to a
software led recurring revenue business model and capitalise on the growth
prospects of the company's new product portfolio. Ellen Solum, an experienced
finance professional has been appointed new Chief Financial Officer (CFO) with a
special focus on executing the ongoing optimizing of the cost base, automating
business processes and realizing synergies from the company's M&A activity.

"With Anita as the new CCO and Ellen as our new CFO, we further sharpen our
focus on both commercial growth, cost efficiencies and profitability" says Børge
Astrup, Techstep CEO. "Anita has in a short time frame impressed us with her
commercial and strategic insight, and her keen focus to drive growth and
returns, and we are very happy to see her in this new role".

Ellen Solum, the new CFO comes from the roles as Partner in Uniconsult AS,
and brings with her extensive experience from all finance functions such as
accounting, tax, controlling, treasury and investor relations and significant
experience from change management, turn-around cases and IPO processes. Ellen
has worked in both private and publicly listed companies and has previously held
positions such as CFO in Telecomputing ASA, Finance Director in Findus AS as
well as several years as a management consultant and partner.

"We have over several years acquired companies and invested in our products and
organization. Ellen has strong track record from value creation focused cost and
business processes optimization and we very much look forward to get Ellen
onboard to realize the full potential of the investments we have made" Børge
Astrup says.

The new CCO and CFO will be part of the executive management team and the
changes will be effective 1 February 2023.

For more information:

Børge Astrup, CEO, Techstep ASA: +47 928 27 676

Anita Huun, CFO, Techstep ASA: +47 924 11 563

About Techstep ASA

Techstep is a mobile technology company that enable organisations to perform
smartly, securely, and sustainably through combining software, mobile devices
and services to meet customers´ business and ESG goals. We are a leading
provider of managed mobility services in the Nordics serving more than 2,000
customers in Europe, with an annual revenue of NOK 1.3 billion in 2021. The
company is listed on the Oslo Stock Exchange under the ticker TECH. To learn
more about us, please visit www.techstep.io.


Source

Techstep ASA

Provider

Oslo Børs Newspoint

Company Name

TECHSTEP

ISIN

NO0003095309, NO0012916131

Symbol

TECH

Market

Oslo Børs