Birte Strander has decided to step down from the Group CFO position and continue her career as CFO in Fjordkraft AS, a subsidiary of Elmera Group ASA. Henning Nordgulen, the current CFO of Sbanken ASA, will replace her and will start in his new position during October 2022. Mr. Nordgulen holds a Bachelor's degree from BI Norwegian Business School and additional education from IMF Lausanne and has been CFO of Sbanken since 2015.

Previously he was the CFO of Bergen Group ASA and Corporate Market Director at Sparebanken Vest. As from today, Morten A. W. Opdal is appointed acting Chief Financial Officer and will function until Mr. Nordgulen commences during October 2022. Morten A. W. Opdal has been with the Group since August 2014 and has held the position as Head of Controlling and Investor Relations since May 2018.

He holds a master's degree in economics and business administration from Norwegian School of Economics (NHH).