CEO Olav Dalen Zahl and the Board of Directors of B2Holding ASA have agreed that Olav Dalen Zahl shall step down from his position as CEO of the company. Mr. Dalen Zahl will act as a consultant to the board of directors in an interim period. CFO Erik Just Johnsen will act as interim CEO as of August 15, 2019 and until the Board of Directors appoints a new CEO. Mr. Johnsen has been with the company for 6 years of which the last 3 as the company’s CFO. He has extensive leadership experience. Mr. Johnsen is strongly motivated to take on the role as acting CEO until a permanent solution is in place. The board has asked founder and Chairman of the Board, Jon H. Nordbrekken, to increase his efforts in the Company going forward. Mr. Nordbrekken will work closely with Mr. Johnsen with key focus on strategy and to continue already started processes to further improve the efficiency of the Company.