ASKER, NORWAY: The Board of Directors in Cambi ASA has appointed Eirik Fadnes as the new Chief Executive Officer of the company. He will assume his role directly following the Annual General Meeting 2022.

Eirik Fadnes succeeds Per Audun Lillebø, who has been proposed as Chair of the Board starting from the Annual General Meeting 2022.

Eirik has been employed in Cambi since 2019 and currently holds the position of CEO of the Cambi Group segment.

Cambi is a global technology and solutions supplier for sustainable biosolids management at wastewater treatment plants. Since 1992, Cambi has developed a proven and patented core technology, built strong marketing, sales, and support capabilities, and a portfolio of well-performing thermal hydrolysis plants globally. The thermal hydrolysis process increases biogas output, reduces greenhouse gas emissions, and destroys pathogens and other harmful substances, enabling the production of excellent quality organic fertilisers and various soil products.

Cambi is publicly listed on Euronext Growth Oslo, a multilateral trading facility and part of Euronext, the largest stock exchange platform in Europe. www.cambi.com