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Elopak: Thomas Körmendi resigns as CEO Stocks Bonds master_of_puppetsSun 25/01/2026 - 21:20 NO0011002586 NO0013234518 NO0013234526 NO0013234534 NO0013699322 Elopak- Thomas Körmendi resigns as CEO 25/01/2026 - 21:19 Oslo Elopak: Thomas Körmendi resigns as CEO Additional regulated information required to be disclosed under the laws of a Member State 90000-664157 Oslo Børs Newspoint Elopak ASA Euronext Oslo Børs Nordic Alternative Bond Market Published 50203030 Containers and Packaging XOSL XOSL XOSL XOSL XOAM Language English Elopak ASA ("Elopak", ticker: ELO) Board of Directors announces that CEO,Thomas Körmendi has decided to step down from his position due to personalreasons driven by his planned relocation to Denmark.The Board has initiated the process of finding a new CEO. Körmendi willcontinue in his role until a successor is in place, to ensure a smoothtransition and continuity in the implementation of the strategy "Repackagingtomorrow". The strategic direction and priorities remain unchanged.Chair of the Board, Dag Mejdell, comments: "Under Thomas Körmendi'sleadership, Elopak has positioned itself as the sustainability leader in theindustry and materially strengthened its market positions. After the IPO in2021, Elopak has grown to be an end-to-end solution provider in fresh, asepticand non-food segments. The company has increased its global market presencethrough successful acquisitions - expanding the company into MENA and Asia.More recently, the establishment of the state-of-the-art production plant inthe United States showcases substantial progress in the company's growthjourney. This is evident in the financials with top line growth andprofitability having improved significantly.The Board wants to thank Körmendi for his significant contribution to thesuccess of the company during his tenure."CEO Thomas Körmendi comments: "It has been a privilege and a pleasure to leadElopak over this exciting and eventful period. This is a personal decisiondriven by a new job opportunity and a desire to relocate home to Denmark.Elopak is a fantastic company with highly competent people on a mission tooffer more sustainable packaging alternatives to plastics. I have greatconfidence in the continued success of the company thanks to the strongleadership team in place. I am fully committed to ensuring a smoothtransition."For further information, please contact:Investors:Christian Gjerde, Head of Treasury and Investor RelationsE-mail: christian.gjerde@elopak.comTel: +47 980 60 909Media:Yannick Vanderveeren, Senior Communications ManagerE-mail: yannick.vanderveeren@elopak.comTel: +47 458 36 358This information is subject to disclosure under the Norwegian SecuritiesTrading Act, §5-12. The information was submitted for publication, through theagency of the contact persons set out above, at 2026-01-25 21:19 CET.About ElopakElopak is a leading global supplier of carton packaging and filling equipment.The company's iconic Pure-Pak® cartons are made using renewable, recyclableand sustainably sourced materials, providing a natural and convenientalternative to plastic bottles that fits within a low carbon circular economy.Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in2021. Today it employs 2,850 people and sells 16 billion cartons annuallyacross more than 70 countries.Elopak is a UN Global Compact participant member. We have set Science BasedTargets to reduce emissions in line with the 1.5-degree trajectory and aim tobe Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and wererated top 2% sustainable companies in the world.For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.More information:Access">https://newsweb.oslobors.no/message/664157">Access the news on Oslo Bors NewsWeb site Elopak ASA Elopak ASA 255663 NO0011002586-XOSL NO0013234518-XOSL NO0013234526-XOSL NO0013234534-XOSL NO0013699322-XOAM ELO