StrongPoint

Board/Management Information • Jan 21, 2020

Press release: StrongPoint makes changes in Executive Management Team

Press release: StrongPoint makes changes in Executive Management Team

(Rælingen, Norway, January 21st, 2020): StrongPoint (OSE: STRONG) announces changes in the Executive Management Team.

“In the Strategy Update Session on February 12th, 2020, we will present our revised strategy and way ahead for the company. The execution of our revised strategy will require a strong executive management team with the appropriate competence, and I therefore have decided to make some leadership changes” says Jacob Tveraabak, Chief Executive Officer of StrongPoint.

StrongPoint’s Executive Management Team will from January 27 consist of:

Jacob Tveraabak CEO

Hilde Horn Gilen CFO

Erik Vaag SVP People and Organisation Development

Julius Stulpinas SVP Technology and Supply Chain

Per Haagensen SVP Retail Technology/MD Norway (to be retired/replaced Summer 2020)

Göran Thörn SVP Retail Technology/MD Sweden incl. E-commerce solutions development

Rimantas Mazulis SVP Retail Technology/MD the Baltics

Trond Kongrød SVP Retail Technology EMEA

Lars-Åke Köpper SVP Cash Security

Leif Persson SVP Labels

From July 15, 2020, in addition:

Amanda Cremon VP Intl. Sales for E-commerce and Marketing (New role from July 15, 2020)

For additional information, please contact:

Jacob Tveraabak

CEO, StrongPoint ASA

Phone +47 90 82 13 70

About StrongPoint | www.strongpoint.com

StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 519 employees in Norway, Sweden, the Baltics, France, Germany, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).