Jordanes AS – Appointment of Jan Bodd as CEO

25 Apr 2023 16:58 CEST

(Oslo, 25 April 2023) The Board of Directors of Jordanes AS ("Jordanes" or the
"Company"), the parent company of Jordanes Investments AS, has today appointed
Mr. Jan Bodd as Chief Executive Officer (CEO) of Jordanes. Jan Bodd is the
co-founder of Jordanes. The appointment will be effective as of today.

As a result, Mr. Dag Teigland will step down as CEO of Jordanes.

"On behalf of Jordanes, I would like to thank Dag for his hard work. He has done
a great job preparing the company for an IPO, but the board believes the Company
is better served with one of the founders as CEO going forward. This clearly
signifies the commitment of the founders to develop the company for the future"
said Stig Sunde, Chairman of the Board of Directors.

For additional information, please contact:

Stig T. Sunde,
Chairman & Co-founder
Phone: +47 932 25 161

About Jordanes AS:
Jordanes is a leading Scandinavian brand house focusing on everyday products and
services. With a challenger mindset, we constantly seek to improve
Scandinavians’ lives by developing brands that people love.

Since our inception in 2007, we have continuously expanded our portfolio to
include iconic brands such as Sørlandschips, Synnøve, Peppes Pizza and Bodylab.
Our portfolio today includes more than 30 brands spanning across four
complementary business areas: branded foods, international brands, fitness &
beauty and casual dining.

Jordanes has more than 2 400 employees across the Scandinavian countries, the
UK, and the Baltics together with 10 local production facilities in Norway,
Sweden and Denmark.

Our brands reach the Scandinavian consumer across all channels and occasions
throughout the day, with small-ticket everyday purchases. We will continue to
build a passionate and agile brand house with products that are better for the
consumer and the environment.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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