Monobank ASA: MONO-ME: Strengthening management team with CPO focusing on emerging fin tech business

Monobank ASA is pleased to announce that it has extended its management team to include Chief Product Officer (CPO) Henriette Vartdal, effective immediately.

Vartdal's main responsibility will be on emerging fin tech business and to further develop Monobank's technology platform.

A key element of Monobank's strategy is to leverage its established position in digital consumer banking to develop innovative fintech solutions for loans, deposits and credit cards that improve customers' banking and shopping experience. Monobank's ambition is to rapidly roll-out and scale new and relevant solutions through its customers and partners.

Monobank's management team consists of:

CEO Bent H. Gjendem

COO Tom Henning Rimestad

CTO Martin Valland

Acting CFO Torbjørn Botnevik (CFO Lene Sjøbakk on maternity leave)

CPO Henriette Vartdal

CRO Hans Ljøen

For further information contact:
Bent H. Gjendem, Chief Executive Officer at Monobank, phone: +47 996 11 996

About Monobank ASA:

Monobank is a digital bank offering unsecured lending to qualified private
individuals in Norway and Finland. Operations started out of Bergen, Norway, in
November 2015 after Monobank received its banking license from the Financial Supervisory
Authority of Norway. The bank also offers attractive deposit rates on its
savings accounts. Deposits up to NOK 2 million are guaranteed by the Norwegian
Banks' Guarantee fund, of which Monobank is a member. For further information,
please visit the company web page www.monobank.no.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.