OSE NOTIFICATION

CLOSING OF QUALISOFT ACQUISITION

(Oslo, Norway, 24 February 2021) A subsidiary of Arribatec Solutions ASA (OSE:
ARR) today announces the closing of the acquisition of Qualisoft AS, a leading
and fast-growing provider in Enterprise Architecture and Business Process
Management solutions.

Reference is made to the Oslo Stock Exchange announcement 2 December 2020
regarding the Letter of Intent to acquire Qualisoft. The acquisition has today
been signed and closed. Arribatec will register the new share capital with the
Norwegian Register of Business Enterprises and issue a separate announcement
when the registration of the share capital increase is completed.

ENDS

For additional information, please contact: 

Per Ronny Stav, CEO, Arribatec Solutions ASA: +47 994 42 378
Martin Nes, Chairman of the Board, Arribatec Solutions ASA: +47 920 14 814

About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a
customer centric engagement model, combined with a deep system, integration, and
domain competence, Arribatec builds long term strategic partnership with a broad
customer base. Arribatec serves more than 450 large entities spread over 25
countries and various industries, both in the private and public sector. The
company employs over 300 people, taken announced acquisitions into account, with
offices in 11 countries and is listed on the Oslo Stock Exchange under the
ticker code ARR.

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