StrongPoint — Investor Presentation 2023

Apr 27, 2023

StrongPoint Q1 2023

27 April 2023

Agenda

Introduction to StrongPoint

Highlights Q1 2023

Other key financial figures

Jacob Tveraabak

Chief Executive Officer

Hilde Horn Gilen

Chief Financial Officer

StrongPoint's double opportunity: technology solving grocery retailer challenges

StrongPoint's financial ambitions

Highlights Q1 2023

Highlights Q1 2023

• Financial performance

• Continued customer success in priority areas

• Further progress on 2025 strategic ambitions

1st quarter revenue

Note: Roundings in EBITDA Q1 2022 and 2023 indicates increase in EBITDA is only 1 MNOK, however 2 MNOK increase is correct

Continued customer success in priority areas

• Framework Agreement with Baltics grocery retailer Rimi for Pricer Electronic Shelf Labels.
• Awarded two self-service checkout upgrade projects with a total value of 4.1 MGBP with top-tier UK grocery retailers.

Further progress on 2025 strategic ambitions

• Finalizing new, innovative, value generating cash management solution for large Iberian grocery retail chain with preparation for in-store pilot in Q3 2023.
• Showcased the StrongPoint solutions portfolio at the trade fair EuroShop, the world's largest retail show.

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

Other key financial figures

Rolling 12 months' revenue and EBITDA

^* Air Link Group Ltd was acquired on June 1, 2022

Earnings per share

EPS per quarter NOK per share

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

0.39 0.39 0.95 0.56 0.51 0.57 0.58 0.81 0.70 1.01 0.66 0.67 NOK per share

Q1-22 Q2-22 Q3-22 Q1-23

Q4-22

EPS rolling 12 month

Q4-21

Cash Flow movements in 2023

Main working capital changes in Q1

MNOK

Continued strong balance sheet

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

Ambition to gradually increase dividends

* The Board will propose a dividend of NOK 0.90 per share at the Annual General Meeting in April 2023.

Financial calendar 2023

• 14 July: Q2 2023
• 23 October: Q3 2023 CEO Jacob Tveraabak

Investor relations contact:

jacob.tveraabak@strongpoint.com +47 908 21 370

Thank you!