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StrongPoint

Investor Presentation Oct 21, 2021

3767_rns_2021-10-21_533e6e8c-f9e8-4ff8-b061-87ab2fa3b784.pdf

Investor Presentation

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Q3 2021

CEO Jacob Tveraabak CFO Hilde Horn Gilen October 21, 2021

Agenda

  • Introduction to StrongPoint
  • Highlights Q3 2021
  • Other key financial figures

E-commerce growth providing a "double opportunity" for StrongPoint

E-COMMERCE

Retailers' needs

1. In-store: Pressure on brick & mortar retailers' margin

Opportunity for StrongPoint

Technology solutions in-store to improve retailers' productivity, provide safe shopping and hence uphold margins

2. E-commerce: Pressure to develop online presence

World-class e-commerce solutions for picking and delivery

Purpose

"Retail technology in every shopping experience for a smarter and better life"

Focus on grocery retail

Retail

Solutions that increase efficiency and improve the shopping experience in-store and online

We have a focus on the resilient grocery retail sector with spillover effects to other retail verticals

Reiterating StrongPoint's 2025 financial ambitions

NOK 2.5 bn in 2025

EBITDA 13-15%

Highlights Q3 2021

Highlights Q3 2021

Topline decline

Continued customer success in priority areas

Steady progress on 2025 strategic ambitions

Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21

3rd quarter revenue

Revenue

3rd quarter EBITDA 1

Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21

Revenue share per solutions' segments 1

Relative share of revenue per segment Percent

Segments

Note: Roundings may make total different than 100%

Continued customer success in priority areas

  • Important win with top 10 grocery chain in Spain for Order Picking solution.
  • The first pilots for Self Checkout solution were during the quarter installed at some stores within the GM Food retail chain in Spain.
  • Order for 250 CashGuard systems to Bullion IT in South Africa, and a framework agreement for CashGuard signed with REMA 1000 in Norway.

Steady progress on 2025 strategic ambitions

  • StrongPoint chosen by AutoStore as distributor for Micro-Fulfillment centers in the Nordics & Baltics.
  • Finalised divestment of the Labels business unit, booking a net gain of 164 MNOK in the quarter.

23

Other key financial figures

Growth in R12 revenue. R12 EBITDA is reduced due to concious investments in e-commerce and IT Security

MNOK

Excluding discontinued operations (Cash Security and Labels)

Earnings per share from continued operations

EPS adjusted* EPS

EPS per quarter NOK per share

* EPS adjusted for amortisation of intangible assets, mainly from M&A

Cash flow only limited influenced by operational activities

MNOK

Record high net positive cash position

NIBD ex IFRS IFRS Liabilities

Historic figures for the quarters Q3 2020 to Q1 2021 include discontinued operations

Financial calendar 2022

  • 15 February: Q4 2021 and Strategy Update Session
  • 28 April: Q1 2022 and AGM
  • 13 July: Q2 2022
  • 26 October: Q3 2022

IR-contact:

CFO Hilde Horn Gilen [email protected] +47 920 60 158

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