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StrongPoint

StrongPoint ASA: Framework Agreement with Baltics grocery retailer Rimi for Pricer Electronic Shelf Labels from StrongPoint

08:45 / 27 March 2023 StrongPoint Press release

27.3.2023 08:45:00 CEST | StrongPoint | Additional regulated information
required to be disclosed under the laws of a member state

(Oslo, March 27, 2023) One of the largest retailers in the Baltics, Rimi (part
of ICA Group), has signed an framework agreement with StrongPoint to supply and
install Pricer Electronic Shelf Labels to potentially all its 300 stores across
the three Baltic countries.

The framework agreement is a result of a successful pilot project in Latvia run
by StrongPoint for Rimi that tested the efficiency savings of the technology.
Similar efficiency tests will be made in Rimi stores in Lithuania and Estonia.

"This is an important step in shelf digitalization in the Baltic region as the
largest retailers move towards more efficient store operations. Pricer
Electronic Shelf Labels are an integral part of the digital stores of the
future, creating better customer experiences and easier for staff to manage
their stores. We look forward to working with Rimi on this project over the
coming years helping them drive efficiency savings," said Rimantas Mazhulis, SVP
and MD StrongPoint Baltics.

"I am extremely proud of our Baltic team for this outstanding customer win. We
are again proving our strategy of exporting efficiency-saving technologies to
countries in Europe and demonstrating that StrongPoint is a key technology
partner for grocery retailers," said Jacob Tveraabak, StrongPoint CEO.

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

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/2204/2982/Download%20announcement
%20as%20PDF.pdf
Oslo Børs

This information was distributed by Oslo Børs https://www.oslobors.no/