Crayon awarded NOK 1.5 billion contract with?Statnett

27 May 2024 15:29 CEST

(OSLO, Norway) — Crayon Group Holding ASA (OSE: CRAYN) today announced it has
been awarded a framework agreement with existing customer Statnett worth NOK 1.5
billion over eight years. The agreement covers the purchase of software,
software management and consulting.

“Statnett has a critical role in Norway by ensuring stable power across Norway
and technology is an essential part of Statnett’s success,” said Crayon CEO
Melissa Mulholland. “Statnett is making significant advancements with technology
and has chosen us as their strategic partner on this journey. We are looking
forward to contributing everything from procurement and training to the
management of their entire software portfolio.”

Statnett, which has 1,700 employees, is owned by the Norwegian Ministry of
Energy and is responsible for building, operating, and maintaining the Norwegian
power grid. 

KjellArne Hansen, Head of Investor Relations & Corporate Finance
Email: kjellarne.hansen@crayon.com
Phone: +47 950 40 372

About Crayon
Crayon is a customer-centric innovation and IT services company with over 4000
team members across 46 countries. We optimize businesses’ IT estate to help them
innovate with expertise they can trust. Our services create value for companies
to thrive today, and scale for tomorrow. For more information, visit
www.crayon.com.

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