Airthings ASA appoints Ivar Kroghrud as new CEO

02 Dec 2025 18:23 CET

Oslo, Norway – Dec 2, 2025 – Airthings ASA (OSE: AIRX), the global leader in
indoor air quality solutions, today announced the appointment of Ivar Kroghrud
as the company's new Chief Executive Officer (CEO), effective 1 January 2026.
Kroghrud (born 1970) brings extensive experience scaling technology and SaaS
companies.

"We are delighted and proud to welcome Ivar Kroghrud as our new CEO," said Geir
Førre, Chair of the Board of Airthings. "Ivar has a proven track record of
building international tech companies from Norway. Airthings is on an exciting
journey but with some recent profitability and financial challenges. The Board
is confident that he is the right CEO to lead Airthings through its next phase
of development towards profitability and growth and continue to solidify our
position as the market leader in indoor air quality."

On his appointment, Ivar Kroghrud said: "I am thrilled to join Airthings at such
a pivotal moment. As awareness of indoor air quality's impact on health and
productivity continues to grow worldwide, Airthings stands uniquely positioned
to deliver meaningful solutions across its core markets. I look forward to
collaborating with the company's talented team to create exceptional products
and services for our customers while building a foundation for sustainable,
profitable growth."

Kroghrud brings extensive experience as an entrepreneur and technology leader.
He co-founded and served as CEO of Questback, and since departing in 2013, has
co-founded multiple software companies and served as an investor and board
member/chair for several startups and growth-stage companies, including
Admincontrol and Signicat. Kroghrud was also a partner at a venture capital
firm. He holds a BSc from the Royal Norwegian Naval Academy and an MSc in
Strategy from BI Norwegian Business School.

Helge Øien, who has served as the interim CEO since July, will return to his
position as Chief Financial Officer (CFO) of Airthings ASA. The Board expresses
its sincere gratitude to Mr. Øien for his dedicated leadership during the
transition period.

About Airthings ASA

Airthings is a leading global technology company specializing in award-winning
radon detectors and indoor air quality (IAQ) monitors for homes, workplaces, and
schools. With a mission to empower people worldwide to understand and improve
the air they breathe, Airthings offers accessible, accurate, and user-friendly
solutions designed to enhance health and well-being through simple and
affordable technology. Airthings has sold over 1 million devices worldwide.
Headquartered in Oslo, Norway, with additional offices in the United States,
Airthings continues to innovate and educate on the importance of continuous
indoor air quality monitoring.

For more information on Airthings’ comprehensive range of IAQ solutions and the
benefits of healthy indoor air, please visit airthings.com.

For more information, please contact:

Chair of the Board
Geir Førre +47 91597580

Incoming CEO
Ivar Kroghrud +47 97618794

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

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