StrongPoint Follow

6.9.2023 11:30:00 CEST | StrongPoint | Additional regulated information required
to be disclosed under the laws of a member state

(Oslo, September 6, 2023) StrongPoint has today signed an agreement with one of
the largest grocery retailers in Norway, to update its current installation of
Pricer Electronic Shelf Labels (ESLs) to the new next generation 'SmartTag
Power+' version in the majority of its stores. The value of the contract is
approximately 80 MNOK.

The leading Norwegian grocery retailer is a long-standing StrongPoint customer
and is replacing their current ESLs, which were installed by StrongPoint, with
the next generation product from Pricer.

"I am very proud that our long-standing Norwegian grocery retail customer
continues to choose Pricer and StrongPoint for their ESL technology needs. We
have been working with both Pricer and the grocery retailer for decades. This
new agreement is a testament to the continued trust and relevance of StrongPoint
as a key long-term partner to grocery retailers in Norway," said Gisle
Elvebakken, SVP StrongPoint Norway.

"The penetration of technology in grocery retail is only increasing,
irrespective of the broader economic environment. Although we are seeing some
delays in certain markets regarding major investment decisions, this new order
from a leading Norwegian grocer is a perfect example of the long-term trend
illustrating how grocery retailers continue to embrace the next generation of
business-critical technologies. ESLs are just one of many grocery retail
technologies that offer essential efficiency savings to the retailer while
improving the customer experience," said Jacob Tveraabak, StrongPoint CEO.

The rollout of the project is expected to begin in H1 2024 and be completed in
2024. 

DISCLOSURE REGULATION

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

CONTACTS

 * Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,
   jacob.tveraabak@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/17847450/2595/3628/Download%20announcement
%20as%20PDF.pdf

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