StrongPoint — Earnings Release 2021

Feb 15, 2022

Q4 2021

CEO Jacob Tveraabak CFO Hilde Horn Gilen February 15, 2022

Air Link Systems Ltd (ALS) – our first acquisition*

~240 MNOK revenue with 10% EBITDA

2

Agenda

• Introduction to StrongPoint
• Highlights Q4 2021
• 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 Q4 2021

Highlights Q4 2021

Maintained record revenue and profit despite impact from global component shortages

Continued customer success in priority areas

Further progress on 2025 strategic ambitions

-2%

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

th quarter revenue

Revenue

th 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

• Renewed and expanded 5 -year contract with COOP Sweden on Order Picking software, confirming 100% retention rate on the software solution
• Finalised Glovo – Carrefour integration on Order Picking software
• Gordon Delivery expands its delivery offer with Grocery Lockers from StrongPoint

Further progress on 2025 strategic ambitions

• Signed partnership agreement with Hörmann Logistik to provide AutoStore grocery micro fulfillment center (MFC) solutions

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Other key financial figures

Growth in revenue, EBITDA declined due to costed investments in product development, marketing, IT and an extraordinary writedown in Spain in Q2 2021

MNOK

Excluding discontinued operations (Cash Security and Labels)

Operational and strategic investments affect the EBITDA for 2021

Earnings per share from continued operations

EPS per quarter NOK per share

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

Strong cash position end of year

Continued high net positive cash position

Historic figures for the quarters Q4 2020 to Q2 2021 include discontinued operations

Financial calendar 2022

• 28 April: Q1 2022 and AGM
• 13 July: Q2 2022
• 26 October: Q3 2022

IR-contact:

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