Information regarding police raid in Denmark

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Atea is aware that the Danish police has charged a number of public officials in Denmark, of which some are clients of Atea. 

Atea has since June 2015 cooperated extensively with the Danish prosecutor for Economic and International Crime (SØIK) regarding matters subject to a police raid conducted on June 21. Parallel to this cooperation, Atea has carried out its own internal investigation. The internal investigation has revealed that some former leading employees in Atea provided benefits to clients in violation of Atea's internal guidelines. These former leading employees are charged in the Region Zealand case and no longer hold employment in Atea.  

It is important to emphasize that it is up to the Danish authorities to decide whether these internal violations constitute violation of Danish law. 

Atea does not tolerate bribery. The company has updated its internal code of conduct and requires all employees to complete an examination on its contents. The company has also strengthened its control routines for expenses related to client events and gifts, and enhanced its early warning systems in order to make it easier for employees to report any breach of Atea's code of conduct. 

For further information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188 

About Atea

Atea is the leading supplier of IT infrastructure and system integration in the Nordic and Baltic regions with 6,800 employees. Atea is present in 89 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. 

Atea delivers IT products from leading vendors and assists its customers with specialist competencies within IT infrastructure services. Atea had revenue of approximately NOK 28 billion in 2015 and is listed on Oslo Stock Exchange.