27th ofApril 2021 -Elop AS has appointedKim Boman as the group's new chief financial officer (CFO). Boman has more than a total of 20 years' experience from finance roles. He was recently CFO ofOslo -listedAqualisBraemar ASA and prior to this head of investor relations for REC Solar ASA. Boman has corporate finance experience fromDNB Markets and Swedbank Markets (First Securities ), and has worked as an auditor atPricewaterhouseCoopers and as strategy consultant at Arkwright. He holds a master's degree in business and economics fromBI Norwegian School of Management and a MSc in finance fromLondon Business School . Boman joins Elop on 01.June 2021 . Boman succeedsTorbjørn Blom-Hagen , who has decided to seek challenges outside Elop. Blom-Hagen has been with Elop sinceSeptember 2019 and will secure an orderly transition for the company. We thank him for his valuable contribution and wish him well in his new challenges. ENDS For further information, please contact: Øivind Horpestad, Executive Chairman of Elop, tel: +47 910 00 626 AboutElop AS Elop AS consist of the two business units ELOP and Simplifai Elop is a Norwegian technology company that has developed unique and patented ultrasound tools and digital solutions to inspect, monitor and manage infrastructure worldwide. Elop's vision is to provide asset owners with solutions that improve safety, extend asset lifetime, minimise total lifecycle cost and environmental footprint. Simplifai operates as a stand-alone business where it develops automation solutions using artificial intelligence to help clients across numerous industry sectors to grow efficiently. For example, Simplifai's Digital Employee solutions can automate labour intensive work process where natural language communication including email, chat or documents are central. This includes customer relations, case handling, HR and accounting. It also supports Elop with developing their data-driven and AI-based solutions for inspection and monitoring of critical infrastructure. Elop is headquartered inNorway . For more information: www.elop.no and www.simplifai.ai
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