B2 Impact ASA announces CEO transition

14 Oct 2024 08:00 CEST

Oslo, Monday 14 October 2024

B2 Impact ASA ("B2 Impact" or the "Company") announces today that the Board
has agreed on a leadership transition plan, effective 1 December 2024, where
Erik Just Johnsen will step down from the role as Chief Executive Officer
(CEO). At the same time, Trond Kristian Andreassen, current Board member of B2
Impact, will be appointed as new CEO.

Erik J. Johnsen has been the CEO of B2 Impact since 2019 and has been with the
company since 2013. Under Erik Johnsen's leadership, B2 Impact has undergone
significant transformations, evolving its strategies and operations to adapt
to changing market dynamics and challenges.

"It has been a privilege to lead the company for the last five years. During
this period, B2 Impact has gone through a challenging period with operational
and organisational restructurings. The company has proven its ability to adapt
to changing market dynamics, and we have managed to deleverage, maintain
strong cash flow, and strengthen our financial position. This is a team
effort, and I am very proud of what we have achieved together. With the
company in a solid position, it is time to hand over the leadership", said
Erik Just Johnsen.

"Erik has been instrumental in a significant transitional phase for the
company. The Company is now well-positioned for further growth and the Board
would like to thank him for his efforts, commitment, and the results he has
achieved." said Harald Thorstein, Chair of the Board.

The Board has appointed Trond Kristian Andreassen as the new CEO of B2 Impact
from 1 December 2024. Trond Kristian has been a member of the Board of B2
Impact since May 2020 and knows the Company well. He has substantial industry
experience and has previously been CEO and Member of the Board of Avida
Finans, CEO at Gothia Financial Group and CEO (Nordic, Spain and Holland and
CEO Group Factoring Europe) at Arvato Financial Solutions.

"The Board is pleased that Trond Kristian has accepted the position. Trond
Kristian has solid industry knowledge and experience and we are confident that
he is the right person to lead the Company in its next phase", said Harald
Thorstein, Chair of the Board.

"I am proud to take on the position as CEO of B2 Impact and to be trusted by
the Board to continue the Company's growth and development. Going forward we
will remain focused on streamlining our platform and grow the business in core
unsecured markets said Trond Kristian Andreassen.

With the appointment of Trond Kristian Andreassen as CEO, he will step down
from the Board of the Company as of 1 December 2024.

For additional information, please contact:

B2 Impact Board of Directors
Harald Thorstein
Chair of the Board
Tel: +44 7557 284548

Investors and Media
Rasmus Hansson
Head of Investor Relations and M&A
Mobile: +47 952 55 842
E-mail: rasmus.hansson@b2-impact.com

About B2 Impact ASA

B2 Impact ASA is one of the leading pan-European debt management companies. B2
Impact offers solutions to the challenges created by defaulted loans, and
provide liquidity to financial institutions, contributing to a healthier
financial system. B2 Impact promote lasting financial improvement through.
transparent and ethical debt management. The Company was founded in 2011 and
employs around 1,550 people. B2 Impact ASA is headquartered in Oslo, Norway.
and the B2 Impact share is listed on the Oslo Stock Exchange under the ticker
"B2I". For further information, visit www.b2-impact.com
(http://www.b2-impact.com/).

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-10-14 08:00 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

629508_B2 Impact ASA announces CEO transition.pdf