Change of Chief Executive Officer of Arco Vara AS

Core Viewpoint - Kristina Mustonen has resigned as CEO of Arco Vara AS, effective after the notice period, citing personal reasons for her departure [1][3][4] Group 1: Leadership Transition - The Supervisory Board of Arco Vara AS acknowledges Mustonen's significant contributions, including the increase in development project volume and the acquisition of key properties [2] - The Board will begin meetings with candidates for the new CEO, emphasizing the need for strong leadership to implement ongoing projects like the Luther Quarter [2] - Mustonen will assist in the transition by preparing management responsibilities for the new CEO and finalizing the audited financial results for 2025 [3][4] Group 2: Company Strategy and Operations - Arco Vara confirms that the CEO's departure will not impact its strategic plans, including dividend payments and growth under experienced leadership [5] - Preparatory work for the Luther Quarter will continue, with construction set to commence once all necessary steps are completed [3]