StrongPoint — Earnings Release 2022

Apr 28, 2022

Q1 2022

CEO Jacob Tveraabak CFO Hilde Horn Gilen April 28, 2022

Agenda

• Introduction to StrongPoint
• Highlights Q1 2022
• 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 Q1 2022

Highlights Q1 2022

Record revenue despite impact from global component shortages

Continued customer success in priority areas

Further progress on 2025 strategic ambitions

Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22

st quarter revenue

st quarter EBITDA ¹

EBITDA

MNOK

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 2

• Salling Group, the largest grocery retailer in Denmark, ordered additional grocery lockers
• Agreement with Palink (part of REWE Group) for Self -Checkout solutions in the Baltics
• Framework agreement with SPAR International as a Preferred Supplier for e-commerce solutions

Further progress on 2025 strategic ambitions

• The Spanish operation achieved a close to break even EBITDA in Q1 2022
• Two new members was appointed to Executive Management Team: Chris Mackie as SVP E-commerce and Magnus Rosén as SVP & MD Sweden
• StrongPoint signed an exclusive, non-binding term sheet to acquire 100% of the shares in Air Link Group Ltd in UK and Ireland

23

Other key financial figures

Growth in revenue, EBITDA affected by investments for the future and global component shortages

MNOK

Revenue EBITDA

Operational and strategic investments affect the EBITDA for Q1 2022 compared to same quarter last year

Earnings per share from continued operations

EPS per quarter NOK per share

EPS rolling 12 month NOK per share

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

Strong cash position end of 1st quarter

MNOK

Continued high net positive cash position

Historic figures for the quarters Q1 2021 to Q2 2021 include discontinued operations

Dividend for 2022 follows the long-term ambitions from the Board. To be decided at the Annual General Meeting

* Proposed dividend to GM

Financial calendar 2022

• 13 July: Q2 2022
• 26 October: Q3 2022

IR-contact:

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