StrongPoint — Investor Presentation 2024

Feb 12, 2024

StrongPoint Q4 2023

12 February 2024

Agenda

Introduction

Q4 2023 highlights

Customer success

Other financials

Strategic ambitions

Jacob Tveraabak

Chief Executive Officer

Marius Drefvelin

Chief Financial Officer

Our purpose: Impact on end consumers

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

Impact on grocery retailers

Improving both the in-store and online experience for shoppers

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

Q4 2023 highlights

4th quarter EBITDA

* The Q4 2023 EBITDA was -20.6 MNOK, including non-recurring restructuring and M&A costs of 7.3 MNOK and write-downs 10.6 MNOK. Excluding these adjustments, the Q4 2023 EBITDA was -2.7 MNOK.

Continued customer success in priority areas

Continued customer success in priority areas

Agreement for Self-Checkouts

Labels from StrongPoint

respectively

Other financials

Earnings per share

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

-0.52

Cash Flow movements in 2023

Main working capital changes in 2023

Net leverage and net interest-bearing debt

Net leverage = Net interest-bearing debt / 12 months rolling EBITDA

Net interest-bearing debt includes interest bank loans and bank overdraft, financial lease and IFRS 16 car leasing. See the quarterly report for an overview of each component comprising net interest-bearing debt.

Progress on strategic ambitions

Acquisition of Hamari Group

• Acquisition of Hamari Group completed
• Annual revenue in 2022 was EUR 1.5 million
• Hamari is a retail technology solutions company based in Finland established in 2006
• Provides services and installation to retailers and grocery retailers, predominantly electronic shelf labels from Pricer AB

Key opportunities in Finland:

• Self-Checkout
• Order Picking
• Click & Collect Grocery Lockers
• Vensafe

Financial ambitions 2025 update

2023 reflections

Result of our strategic investments

The long-term fundamentals are in our favour

Next presentation

• 25 April 2024: Q1 2024 and Strategy

Update Session

Investor relations contact information:

investor@strongpoint.com or marius.drefvelin@strongpoint.com

Marius Drefvelin, CFO Mobile: +47 958 956 90

Thank you