Geir Udnæs new CFO in Aqua Bio Technology

06 Jan 2025 08:45 CET

6.1.2025 08:45:01 CET | Aqua Bio Technology ASA | Additional regulated
information required to be disclosed under the laws of a member state

Aqua Bio Technology has appointed Geir Udnæs as interim CFO. Udnæs is an auditor
with a broad and comprehensive career.

- We are proud to have a capacity like Geir on the team. For ABT, this is an
important part of the ongoing professionalization of the company. As the company
has moved from little activity to now being able to show significant growth, it
is essential that the team is also strengthened in key positions. An added bonus
is that Geir also knows the industry from before, says CEO Fredrik William
Henriksen.

Udnæs has previously, among other things, been an auditor at Arthur Andersen,
CFO at Kistefos, CEO at Midelfart and has extensive experience from corporate
services and transactions.

- ABT is a very exciting company in an interesting market. I look forward to
working with Fredrik and the others in ABT in the future, says Udnæs.

For further information, please contact CEO Fredrik William Henriksen phone +47
90 02 00 78.

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skincare products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skincare products developed by partners towards consumers and
professional users. ABT's focus on commercialization and development of natural
ingredients and natural skincare products has been, and will continue to be, an
important part of the Company's strategy going forward. Aqua Bio Technology is
listed on the Euronext Expand market of the Oslo Stock Exchange.

DISCLOSURE REGULATION

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

CONTACTS

* Fredrik Henriksen, CEO, Aqua Bio Technology ASA, +47 90 02 00 78,
fredrik.henriksen@aquabiotech.no

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.

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