StrongPoint

Regulatory Filings • Nov 28, 2024

Leading Baltic-based grocery retailer Rimi orders EUR 2.3 million of StrongPoint Self-Checkouts

Leading Baltic-based grocery retailer Rimi orders EUR 2.3 million of StrongPoint Self-Checkouts

28.11.2024 08:30:00 CET | StrongPoint | Additional regulated information

required to be disclosed under the laws of a member state

(Oslo, 28 November 2024) One of the largest grocery retailers in the Baltics,

Rimi (part of ICA Group), has placed a substantial order with StrongPoint to

supply and install StrongPoint Self-Checkout solutions in their stores.

The value of the order is approximately EUR 2.3 million, excluding

implementation and future technical support revenue. Delivery and installation

are scheduled for 2025.

Rimi has been using StrongPoint Self-Checkouts for over five years, showcasing

the solution's proven reliability and customer convenience. With this new order,

Rimi is further scaling and rolling out StrongPoint Self-Checkouts. This new

order includes self-checkouts with cash-handling capabilities, as cash

management remains an important aspect of the checkout process in the region.

"We are thrilled that Rimi continues to invest in StrongPoint's Self-Checkout

solution. Their trust in us inspires our continued commitment to innovation and

excellence as we share a common goal of making the shopping experience as smooth

as possible," said Rimantas Mazhulis, SVP of StrongPoint Baltics.

"We are excited to continue our partnership with StrongPoint by investing in

self-checkout solutions. This decision underscores our commitment to enhancing

the shopping experience for our customers. By integrating cash handling

capabilities, we ensure that our checkout process remains convenient and

accessible for everyone as Rimi focus is always on providing reliable,

user-friendly solutions that meet the diverse needs of our shoppers," said Zane

Ermansone, Digital Development Director at Rimi Baltic.

"The Baltics are demonstrating how StrongPoint's next-generation solution make

self-checkout faster and easier for customers. In many of our core markets,

including the UK, Sweden, and Norway, grocery retailers often still rely on

first-generation solutions. We look forward to helping these markets transition

to next-generation technology to enhance efficiency and the customer

experience," said Jacob Tveraabak, CEO of StrongPoint.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

CONTACTS

* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,

marius.drefvelin@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, Finland,

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/17847450/18339550/5345/Download%20announce

ment%20as%20PDF.pdf