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Regulatory press release

Schibsted ASA (SCHA/SCHB) - Schibsted ASA announces management changes

Vend Marketplaces
28.5.2024 08:00:00 CEST | Schibsted | Non-regulatory press releases

Schibsted ASA ("Schibsted" or "Schibsted Marketplaces") today announced a new
Executive Leadership Team, as part of its transformation into a new and more
focused marketplaces company.

The announcement follows the appointment of Christian Printzell Halvorsen as new
CEO of Schibsted Marketplaces, communicated on 16 May 2024 (read more here -
https://schibsted.com/news/christian-printzell-halvorsen-appointed-ceo-of-schibs
ted-asa/:
https://schibsted.com/news/christian-printzell-halvorsen-appointed-ceo-of-schibs
ted-asa/ ). The Executive Leadership Team will be effective after the closing of
the divestment of Schibsted's news media operations to the Tinius Trust, planned
to take place on or around 7 June 2024.

Its composition reflects Schibsted Marketplaces strategy to be centred around
our four core marketplace verticals - Mobility, Jobs, Real Estate and Recommerce
- supported by four shared functions and a Foundation unit. Hence, Schibsted's
current structure with the three business areas Nordic Marketplaces (NMP),
Media, and Growth & Investments (G&I) will cease.

"I'm really pleased to present this team of talented people, which is
fit-for-purpose for our exciting future as a more focused marketplaces company.
Together, we will unleash the full potential of the new company by building on
our strong positions and product offerings while simplifying and streamlining
the organisation and our cost base," Printzell Halvorsen says. "A key principle
as we designed the organisation was to give more strength and autonomy to our
verticals, as we strengthen our focus on the strategic opportunities within
them."

The Executive Leadership Team will, in addition to Christian Printzell
Halvorsen, consist of the following members:

Per Christian Mørland, EVP CFO (current)
In addition to his existing responsibilities, the strategic role of the CFO will
be strengthened by integrating the M&A function and the Growth portfolio from
the Growth & Investments business area into the Finance function. This includes
early stage investments, management of assets not included in the four
verticals, and the management of ownership including Schibsted's holding in
Adevinta.

Robin Suwe, EVP Mobility (new)
Robin is currently SVP Mobility within NMP and the CEO of Blocket. He has a long
career within Schibsted, starting as a Management Trainee in 2009. In 2011, he
launched and became the Head of Blocket Real Estate. He has since held several
key roles, including Chief Operating Officer of Blocket, Marketplace Director
for Motors, and SVP of Strategy & Business Development for Nordic Marketplaces.
He holds a Master of Science in Engineering from Lund University.

Eddie Sjølie, EVP Jobs (new)
Eddie is currently SVP Jobs within NMP and CEO of FINN. He has been with
Schibsted since 2011, in various senior management roles within FINN. Previous
experience includes Managing Partner in Frost Business Development, Managing
Director in Virtual Garden and Managing Director in DŽArcy. Eddie also has
experience from Orkla Brands and McKinsey & Company. He holds an MSc in
Economics and Business Administration from the Norwegian School of Economics and
a degree in law from the University of Oslo.

Kjersti Høklingen, EVP Real Estate (new)
Currently SVP Real Estate within NMP, Høklingen joined Schibsted in 2022, coming
from the role of Executive Vice President of Technology and Digital Channels in
DNB, Norway's largest bank. Previous experience includes Division Director
Innovation and Product- and Sales Development within DNB and a board membership
at real estate data company Eiendomsverdi. Kjersti has an MSc in Business
Economics from the University of Strathclyde in Glasgow and a Bachelor's degree
in Economics from BI Norwegian Business School.

Cathrine Laksfoss, EVP Recommerce (new)
Currently SVP Recommerce within NMP, Cathrine has almost eleven years of
experience from Schibsted, including as CEO of Schibsted eCommerce and
Distribution. She is the co-founder of Helthjem and has broad industry
experience including the position of CFO at Posten Bring Logistikk. She holds a
Master of Marketing from BI Norwegian Business School and an MBA from H.E.C
Paris.

Hanna Lindqvist, EVP Technology (new)
Currently SVP Technology and SVP Aurora Foundations within NMP, Hanna's new role
includes responsibility for technology strategy, architecture and tech
consolidation across Schibsted Marketplaces. She joined Schibsted in 2021. She
has broad experience from leading tech roles in companies including Svenska
Spel, PayPal, and TeliaSonera. She has a Master's degree in International
Business and German from Linköpings University.

Sven Størmer Thaulow, EVP Foundation* (changing role)
Currently Chief Data & Technology Officer for Schibsted ASA, Sven will take on a
new position in the Executive Leadership Team as responsible for the common
marketplace platform, including shared services, data, brand experience and a
new unit driving AI innovation initiatives. He joined Schibsted in 2019. Sven
has a wide experience in both tech, product and commercial roles in Cisco and
Telenor, holding positions as CMO, CEO and Managing Director. He is chair of the
board for NorwAI, the research centre at NTNU focused on AI innovation. He holds
a MSc in Industrial Economics and Technology Management, with computer science
as tech domain, from NTNU.

Ruben Søgaard, EVP Marketing & Sales (new)
Currently SVP Sales & Adjacent Products in NMP, Ruben will now lead Schibsted
Marketplaces commercial activities and brand positioning. He was previously
Commercial Director at FINN. Ruben has over 20 years of experience from agencies
such as Leo Burnett, Apt and Mediacom, the latter of which he was CEO of before
joining FINN. He holds a degree in Computer Science from the University of Oslo
and Marketing from Norges Markedshøyskole.

Ragnar Kårhus, EVP People & Communications (acting)
Responsible for leading the transformation of the Schibsted Marketplaces
organisation until a successor to the current EVP People, Grethe Malkmus, has
been appointed. Ragnar was CFO of Schibsted until mid 2023 and has since been in
a senior advisory role, leading transformation projects related to the
separation of Marketplaces and Media. Ragnar also brings broad industry
experience from CEO positions in Telenor Broadcast Holding, Canal Digital AS,
Telenor Norge AS and Waterfront Shipping ASA.

For pictures, please see the press release on schibsted.com -
http://schibsted.com.



* Foundation is a working name for this unit and will be changed at a later
stage.








Contacts

Norwegian media:
Kristine Eia Kirkholm
Head of Communications Schibsted Nordic Marketplaces
Phone: +47 932 47 875
kristine.eia.kirkholm@schibsted.com

Swedish media:
Daniel Frykholm
VP, Head of Group Communication
+46 70 206 77 86
daniel.frykholm@schibsted.com

Jann-Boje Meinecke
Head of Investor Relations
Phone: +47 941 00 835
jann-boje.meinecke@schibsted.no

Malin Ebenfelt
Investor Relations Officer
Phone: +47 916 86 710
malin.ebenfelt@schibsted.no

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/3150/4548/Download%20announcement
%20as%20PDF.pdf
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