StrongPoint — Earnings Release 2023

Jul 14, 2023

Introduction

Q2 2023 highlights

Jacob Tveraabak

Other financials Chief Executive Officer

Our purpose:

Retail technology in every shopping experience for a better and smarter life

Challenging macro environment also impacting grocery retailers

Inflation

Price changes and increased competitive pressure

Discounters

Shoppers looking for cheaper alternatives

E-Commerce

Expensive for everyone, unprofitable for many

Technology is a vital and integral part of the solution to these challenges

Q2 2023 highlights

2nd quarter revenue

2nd quarter Cash flow from operational activities

* Q4 20 includes compensation Bane Nor with MNOK 56 and Profit from Discontinued operations Cash Security MNOK 40

** Q3 21 includes Profit from Discontinued operations Labels MNOK 170

Continued customer success in priority areas

Further progress on 2025 strategic ambitions

Further progress on 2025 strategic ambitions

Other financials

Earnings per share

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

0.56

0.87

Cash Flow movements in 2023

Main working capital changes in 2023

Continued strong balance sheet

* Net leverage = Net Debt / 12 months rolling EBITDA, inclusive IFRS

2025 financial ambitions

StrongPoint's financial ambitions

Continuing recent historic growth will ensure revenue ambition in 2025

*Proforma

Path to achieving EBITDA margin ambitions (Strategy Update Session)

2022 EBITDA Margin

2025 EBITDA Margin

E-commerce: e-grocery focus on the UK market

• Grocery e-commerce penetration in the UK is at 12%, highest in Europe
• Need for solutions to achieve sustained profitability in e-grocery
• Predominately a home delivery market with costs rising fast

Spain & special projects: next generation cash management solution

Notes are automatically counted, checked, flattened and ready for cash-in-transit pickup

In-store pilot in Q3 with groundbreaking next generation cash management solution for a major Iberian grocery retailer exclusively with StrongPoint

Financial calendar 2023

• 23 October: Q3 2023

Investor relations contact:

CEO Jacob Tveraabak jacob.tveraabak@strongpoint.com +47 908 21 370

Thank you!