StrongPoint

Related Party Transaction • Jun 26, 2025

StrongPoint sells its shares in 1X for gross proceeds of NOK 26 million

StrongPoint sells its shares in 1X for gross proceeds of NOK 26 million

26.6.2025 14:43:53 CEST | StrongPoint | Non-regulatory press releases

(Oslo, 26 June 2025) StrongPoint, a provider of grocery retail technology, has

today signed an agreement to sell its shares in 1X to an undisclosed buyer. The

transaction is expected to be completed during July and will result in a net

gain of NOK 22 million, to be booked as a financial income.

In March 2021, StrongPoint made a financial investment in 1X, purchasing shares

of NOK 4 million. In addition, StrongPoint entered into a distribution agreement

to sell 1X's robotic solutions to European grocery retailers. Whereas 1X has

pivoted its development focus to the consumer market first, StrongPoint is

committed to delivering efficiency to grocery retail stores including delivering

1X's robotic solutions.

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 approximately 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 end-to-end e-commerce solutions, including in-store order

picking, automated fulfillment (with AutoStore), click & collect

temperature-controlled grocery lockers, and in-store and drive-thru grocery

pickup solutions. The company also delivers a range of in-store technologies,

such as electronic shelf labels, AI-powered self-checkouts, and cash management

and payment solutions. StrongPoint is headquartered in Norway and is listed on

the Oslo Stock Exchange with a revenue of approximately NOK 1.3 billion [ticker:

STRO].

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/18581331/6256/Download%20announce

ment%20as%20PDF.pdf