StrongPoint

Earnings Release • Apr 28, 2021

Q1 2021

CEO Jacob Tveraabak CFO Hilde Horn Gilen April 28, 2021

Agenda

• Highlights Q1 2021
• Other key financial figures

Highlights Q1 2021

Highlights Q1 2021

Strong financial performance

Continued customer success in priority areas

Steady progress on 2025 strategic ambitions

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

st quarter revenue in BAs: Strong financial performance

Revenue MNOK

Retail Technology Labels

A balanced solutions portfolio 1

Relative share of revenue per segment Percent

Retail Technology

Note: Roundings may make total different than 100%

st quarter profitability: Strong financial performance

st quarter profitability in BAs: Strong financial performance

Labels

EBITDA MNOK

Retail Technology

Continued customer success in priority areas

• Delivery platform Glovo chose StrongPoint's Order Picking solution as the preferred picking solution.
• NorgesGruppen orders electronic shelf labels worth around 110 MNOK.
• Temperature-controlled Click & Collect grocery lockers pilots installed in the US and UK.

Glovo chose StrongPoint's Order Picking solution as the preferred picking solution

• Glovo is a on-demand meal and grocery delivery platform
• Available in 20+ countries and one of Europe's leading technology unicorns
• Provides on-demand groceries via its retail grocery partners which include Walmart, Carrefour, Spar.

Steady progress on 2025 strategic ambitions

• Investment and partnership with Halodi Robotics.
• Strengthened management and increased resources within sales and marketing.
• Strategy Update Session held February 11, 2021 outlining our refreshed strategy to achieve our 2025 strategic ambitions.

Investment and partnership with Halodi Robotics

• A leading provider of humanoid robots
• Develop a robotic solution for the grocery retail sector.
• Exclusive distributor in key areas of Europe

Other key financial figures

Comparison figures need adjustment for one-off

MNOK

Adjusted earnings per share doubled compared to last year

EPS per quarter NOK per share

EPS rolling 12 month NOK per share

* EPS adjusted for amortisation of intangible assets, mainly from M&A Discontinued operations and compensation for relocation are not included in 2020 figures.

Repayment of long-term loan reduced cash position MNOK

Net leverage to x0.15 rolling 12 months EBITDA Continued solid financial position

* Net Interest Bearing Debt / Rolling 12 EBITDA Historic figures for the quarters Q1-Q3 2020 include discontinued operations

Dividend for 2020 to be decided in Annual General Meeting April 2021

* Proposed dividend to GM

Financial calendar 2021

Q2 2021 – 14.07 Q3 2021 – 21.10

Annual General Meeting: 28 April 2021 at 0900 CET

IR-contact:

CFO Hilde Horn Gilen hilde.gilen@strongpoint.com +47 920 60 158