Induct is pleased to announce the appointment of Karl Erik Brøten as Chief Financial Officer (CFO). Brøten is expected to assume the role on 17 August 2026.
Brøten is a senior finance executive with more than 25 years of leadership experience from Norwegian and international businesses, primarily within telecom, software and technology.
Most recently, Brøten served as interim Head of Finance for Arribatec ASA, a software and digital business solutions company listed on Euronext Growth. Arribatec provides enterprise software, cloud, ERP and business process solutions to customers across multiple international markets. Through this role, Brøten gained recent experience from a listed software company, including restructuring, liquidity management, financial reporting and capital markets communication.
Before his role in Arribatec, Brøten held several CFO positions within the Telenor Group, including in Hungary, Pakistan, Malaysia and Bangladesh. He has also served as CFO of Telia Norway and Gulf Bridge International in Qatar. Throughout his career, he has gained extensive experience in financing, financial reporting, performance management, strategy, investor relations and board support.
“We are very pleased to welcome Karl Erik to Induct. He combines extensive international CFO experience with leadership experience from a listed software company. His background in financial management, capital markets, restructuring and growth-oriented technology businesses will strengthen Induct as we continue to execute our strategy and build long-term value for customers, partners and shareholders", says Synnøve Jacobsen, CEO of Induct AS.
“I am excited to join Induct at such an important stage in the company's development. Induct has built a strong technology platform with significant opportunities for international growth. I look forward to working closely with the management team and Board to further strengthen the company's financial foundation, support scalable growth, and help create long-term value for customers and shareholders,” says Karl Erik Brøten.
Brøten will succeed Eli Cathrine Disch following the planned completion of her interim CFO assignment. Disch will continue to serve as a member of the Board of Directors of Induct, ensuring continuity in the Company’s governance and strategic oversight.
With reference to Induct AS' ongoing rights offering, a supplement to the national prospectus dated 21 July 2026 prepared in accordance with chapter 7 of the Norwegian Securities Trading Act will be drawn up and published separately.
About Induct | www.induct.net Induct is a software company headquartered in Oslo, Norway, delivering digital platforms that help organisations improve services, allocate resources more effectively and accelerate innovation. The Company's solutions support healthcare providers, public sector organisations, businesses and non-profit initiatives through digital care pathways, grant finder platforms, and innovation management solutions. Induct is listed on Euronext Growth Oslo under the ticker code INDCT.
For further information, please contact:
Synnøve Jacobsen
CEO
sj@induct.net
+47 99 41 54 47