Techstep ASA today announces that Børge Astrup resigns as CEO due to personal reasons, with effect from today. Techstep's Chief Operating Officer, David Landerborn, will assume the position as acting CEO until the Board appoints a permanent replacement.

"Børge has guided Techstep through a challenging period, overseeing the integration of previously acquired companies and the transformation and streamlining of the organisation and product portfolio. The Board extends its gratitude to Børge for his dedication and contributions during the past two years", says Michael Jacobs, Chairman of the Board.

The Board will take the necessary time to identify a new CEO for Techstep. In the meantime, the Board has great confidence in COO David Landerborn's ability to lead and develop the company. His intimate knowledge of Techstep will ensure continuity for the company going forward. David has extensive experience and a deep understanding of the mobile technology industry, having held several prominent positions within the company. This experience includes his role at Optidev AB, which Techstep acquired in 2020, and as part of the executive management team the past year.

David assume the position as acting CEO with immediate effect.

For further information:

Michael Jacobs, Chairman of the Board, +47 90 82 82 16

About Techstep ASA:

Techstep is a complete mobile technology enabler, making positive changes to the world of work; freeing people to work more effectively, securely and sustainably. We help customers who want to work smarter, while also delivering on their ESG commitments. With around 300 employees based in Norway, Sweden, Denmark and Poland, we serve more than 2 000 enterprise customers in Europe. Techstep had NOK 1.3 billion in full year 2022 revenues, and is listed on the Oslo Stock Exchange under the ticker TECH. To learn more, please visit www.techstep.io/investor.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Cathrine Birkenes, Head of Sustainability & Compliance, Techstep ASA, on 1 November 2023 at 13:00 CET.

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