StrongPoint ASA: StrongPoint awarded contract worth up to 3 MGBP with top-tier UK grocery retailer

14 Mar 2023 08:19 CET

14.3.2023 08:19:34 CET | StrongPoint | Additional regulated information required
to be disclosed under the laws of a member state

(Oslo, March 14, 2023) StrongPoint, a grocery technology provider, has been
awarded a further allocation of a self-service checkout upgrade project for a
top-tier UK based grocery retailer. The value of the contract is worth up to 3
MGBP.

The project is led by ALS StrongPoint, StrongPoint's UK business unit. The
contract follows a multi-year project that ALS StrongPoint has been undertaking
for the same customer. The new contract was awarded based on ALS StrongPoint's
performance on the previous contract as well as past performance for the
customer.

"We have again proven to a tier-1 grocery retailer our outstanding
professionalism and customer service on this on-going project and continue to be
proud of our UK team. This contract is also an example of the willingness and
ability of grocery retailers to continue to invest in solutions even in times of
economic difficulties," said Jacob Tveraabak, StrongPoint CEO.

The project will start during Q2 2023 and is expected to be completed in Q4
2023.

DISCLOSURE REGULATION

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

CONTACTS

* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,
hilde.gilen@strongpoint.com

ABOUT STRONGPOINT

StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better and online grocery shopping more
efficient. With over 500 employees in Norway, Sweden, the Baltics, Spain, the UK
and Ireland and together with a wide partner network, StrongPoint supports
grocery and retail businesses in more than 20 countries. StrongPoint provides
in-store cash management and payment solutions, electronic shelf labels,
self-checkouts, task and labor management software, click & collect
temperature-controlled grocery lockers, in-store and drive-thru grocery pickup
solutions and grocery order picking solutions, both manual and automated.
StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange
with a revenue of approx 1.4bn NOK [ticker: STRO].

ATTACHMENTS

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