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Zalaris

Regulatory Filings May 12, 2023

3795_rns_2023-05-12_824b0c16-f52c-4e7d-9186-9c96ad58982c.html

Regulatory Filings

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Zalaris signs master services agreement with global retailer for payroll services

Zalaris signs master services agreement with global retailer for payroll services

Zalaris, a global provider of payroll and HR solutions, has signed a master

services agreement for payroll services with a leading global retailer.

Initially, the services will cover the customers 3,000+ employees in Denmark.

Zalaris will deliver a PeopleHub based payroll solution (https://zalaris.com/hr

-payroll-solutions/payroll-software/) as Software-as-a-Service (SaaS) integrated

to the customers global SuccessFactors based HR solution. The solution will be

implemented over a period of 12 months.

"This is another example of the demand Zalaris is experiencing for our payroll

solutions based on PeopleHub at the moment. Delivering a global integrated

solution with one common database, combined with commitment to local presence

ensuring last mile coverage and compliance of all local personal administrative

processes, is key to deliver perfect payroll to complex employee groups across

the world." says Hans-Petter Mellerud, CEO & founder of Zalaris.

"With this win we continue our phenomenal Q1 where we reported year-on-year

organic growth of 25%, and 17% in constant currency, and all time high Q1 new

sales securing almost 75% of our sales budget for the year. We are well on track

to deliver our target of generating NOK 1 billion in revenue by the end of

2023." - Mellerud continues.

Contact:

Hans-Petter Mellerud, CEO and founder

Mobile: +47 928 97 276

E-mail: [email protected]

Gunnar Manum, CFO

Mobile: +47 951 79 190

E-mail: [email protected]

About Zalaris

Zalaris simplify HR and payroll administration and empower you with useful

information so that you can invest more in people. We are a leading service

provider of Human Capital Management (HCM) solutions, serving more than 1.5

million employees monthly with an annual revenue of approximately 100 million

Euros. We hold #1 or #2 positions in most of our markets and carry over two

decades of experience in transforming HR and support creating sustainable

businesses with our clients. Simplify work life. Achieve more. For more

information about us, go to?zalaris.com.

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