StrongPoint

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

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,

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

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