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StrongPoint

Capital/Financing Update Feb 2, 2022

3767_rns_2022-02-02_b6f23111-ac4d-430f-881a-f26abb4b2b25.html

Capital/Financing Update

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Grocery Retailer Salling Group expands e-grocery pickup offer with StrongPoint Grocery Lockers

Grocery Retailer Salling Group expands e-grocery pickup offer with StrongPoint Grocery Lockers

2.2.2022 11:36:04 CET | StrongPoint | Additional regulated information required

to be disclosed under the laws of a member state

(Oslo, 2 February 2022) StrongPoint, a leading retail technology provider,

announces that Salling Group, the largest grocery retailer in Denmark, has

ordered additional grocery lockers from StrongPoint as well as adding modules to

their current locker installations from StrongPoint for their føtex chain.

StrongPoint has been working with Salling Group since 2019 when it first won a

competitive tender for a pilot project for temperature-controlled click and

collect grocery lockers. The initial pilot included lockers at five store

locations. Following the success of the first roll-out Salling Group has decided

to install StrongPoint grocery lockers in eight new locations and add additional

capacity to their existing units as they continue to expand their e-grocery

pickup offer.

"We have been piloting StrongPoint grocery lockers with our føtex chain which

has been a great success. Therefore, we are now ready to expand the offering to

even more stores in 2022 and continue building on our strong partnership with

StrongPoint. Our customers love the option to pick up groceries in a flash,

while for us we appreciate that we can fulfil orders extremely quickly which

creates efficiency savings. The solution is easy to install and operate and fits

perfectly into our strategy of serving our customers anyway they want to shop

online. We look forward to the expanded collaboration with StrongPoint and to

bring grocery lockers to even more customers in Denmark," said Kristoffer

Schmidt Sørensen, Head of Omnichannel & Strategy, føtex.

"We are proud to continue partnering with Salling Group to further expand their

e-grocery pickup offer. As the demand for e-groceries increases, existing

grocery retailers have opportunities to leverage their store network by turning

them into digital e-grocery pickup hubs. With grocery lockers they have the

benefit of providing a pickup solution at speed and scale that is convenient and

efficient for both customers and retail staff. We look forward to continuing our

partnership with Salling Group to expand and scale their e-grocery offer," said

Jacob Tveraabak, StrongPoint CEO.

About StrongPoint

StrongPoint is a retail technology company that provides solutions to make shops

smarter, shopping experiences better and online grocery shopping more efficient.

With over 400 employees in Norway, Sweden, the Baltics and Spain and together

with a wide partner network, StrongPoint supports 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. StrongPoint is

headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue

of 1bn NOK [ticker: STRO].

About Salling Group

Salling Group is Denmark's largest retail group and serves 11 million customers

per week. With grocery stores in three countries, webshops, departments stores,

coffee shops, restaurants and as a supplier of meal boxes in the whole country,

we intervene in the lives of millions of people every single day. Our choices

make a difference for customers, colleagues, partners, suppliers and the

community among us. That is why we have a great responsibility that we take

seriously working every day to improve everyday day life.

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,

[email protected]

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/1163/1540/Download%20announcement

%20as%20PDF.pdf

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