FORNEBU, Norway, Sept. 17, 2024 — Aker Horizons ASA (“Aker Horizons”) has announced that its Board of Directors has appointed Lars P. Sørvaag Sperre as its Chief Executive Officer, effective from 1 October 2024. Mr. Sperre will succeed Kristian Røkke, whom Aker ASA (“Aker”) will propose to the Nomination Committee of Aker Horizons to be appointed as Chairman of the Board at an Extraordinary General Meeting.

“We are pleased to welcome Lars as Aker Horizons’ new CEO. His extensive experience in industrial development activities and capital markets, along with his ability to handle complex situations during his time at Norske Skog, will enable him to quickly take the helm and guide the company through its next phase,” stated Øyvind Eriksen, CEO of Aker ASA and current Chairman of Aker Horizons. “On behalf of the entire Board, I want to express our gratitude to Kristian for his leadership over the past four years. His new role as Chairman of the Board will ensure continuity for the company moving forward.”

Lars P. S. Sperre will assume the role of CEO, effective 1 October 2024. Mr. Sperre has a 17-year career at Norske Skog, including positions as SVP Corporate Strategy and CEO. He holds a law degree from the University of Bergen.

Aker will propose to the Nomination Committee of Aker Horizons that Kristian Røkke be appointed as Chairman of the Board of Aker Horizons (“the Board”). Additionally, Aker will propose that Øyvind Eriksen be named Deputy Chairman of the Board. All other members of the Board will remain unchanged. The Nomination Committee has been informed of Aker’s planned proposal and will discuss it as soon as possible. Aker Horizons will soon call for an Extraordinary General Meeting.

“The energy transition continues to pose a significant investment challenge while also presenting an unprecedented opportunity. Over the past four years, we have firsthand experience with the complexities of being a pioneer in emerging markets and new technologies, while simultaneously making progress in advancing the energy industry’s path toward Net Zero. I am confident that these experiences will benefit us as the industry continues to evolve. I look forward to contributing to the next phase of this journey in my new role as Chairman,” stated Kristian Røkke.

“Investments in renewables have faced challenges in recent years, but the opportunities ahead are substantial. I am honored and ready to take on this leadership role at Aker Horizons and I look forward to joining the team,” said Lars P.S. Sperre.

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 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Mats Ektvedt, Partner in Corporate Communications, on 17 September 2024 at 08:15 CEST.

For further information, please contact:
Mats Ektvedt, Media
Tel: +47 41 42 33 28

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