StrongPoint — Investor Presentation 2025

Jul 11, 2025

StrongPoint Q2 2025

11 July 2025

Agenda

Highlights

About StrongPoint

Customer success

Q2 2025 financials

Outlook

Jacob Tveraabak

Chief Executive Officer

Marius Drefvelin

Chief Financial Officer

Q2 2025 Highlights

Financial highlights

• Revenue 350 MNOK: +18%
• Recurring revenue* 378 MNOK: +16%
• EBITDA: 7 MNOK and 2.1%
• Cash flow from operations: +20 MNOK

Customer success

• Carrefour Belgium picks StrongPoint's Order Picking
• Nordic grocery retailer orders AI-powered weighing scales
• COOP Estonia orders self-checkouts

About StrongPoint

StrongPoint at a glance

Our purpose:

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

1.3 Bn NOK annual revenue

378 MNOK recurring revenue

>80% revenue from grocery retailers

~500 team across Europe

Proprietary SaaS solutions built by in-house development team

Impact on grocery retailers

Driving Efficiency Savings

Boosting margins

Improving both the in-store and online experience for shoppers

Solutions solving 5 grocery problems

• Developing next-generation cash automation solution

Where we operate

• Direct operations in 9 core countries with full local support from sales to service
• Managing entire value chain = capture more revenue and build deeper customer intimacy

In addition, support grocery retailers with software and products in 20 other countries with support from our partner network

Our Core Markets:

Customer success

Carrefour Picks StrongPoint Order Picking

• Grocery retailer Carrefour Belgium choses StrongPoint's Order Picking for all its scheduled deliveries
• Chosen following competitive RFP process
• Implementation started already and be completed within coming months

AI-Powered Scales to Nordic Grocery Retailer

• 21 MNOK of AI-powered weighing scales ordered by Nordic grocery retailer (from StrongPoint partner DIGI)
• To be used by the grocery retailer in-store for its end customers
• AI provides instant product recognition making it faster and easier to use and reduces mistakes, intentional and accidental

COOP Estonia order Self-Checkouts

• Grocery retailer COOP Estonia ordered 130 self-checkouts
• Part of a long-standing cooperation between COOP Estonia and StrongPoint

Order Picking and CashGuard Connect update

Order Picking at:

• Full roll out planned to be completed by summer 2026
• Some additional stores planned to go live before Christmas period
• Regional training centers go live in early Q1 2026

• Latest version being tested in a store being used by real customers
• Preparing additional units to test multicheckout functionality
• Ongoing dialogue with customer to industrialise production of solution

Q2 2025 financials

2 nd quarter revenue

Total recurring revenue (12 months rolling)

2 nd quarter EBITDA

The Q4 2023 EBITDA reported was -20.6MNOK, includingnon-recurringrestructuringand M&Acosts of7.3MNOKand write-downs10.6 MNOK. Excluding these adjustments, the Q4 2023 EBITDA adjusted was -2.7 MNOK. The Q2 2024 EBITDA reported was -9.1MNOK, includingnon-recurringrestructuringcosts of 10 MNOK. Excluding these adjustments, the Q2 2024 EBITDA adjusted was 0.9 MNOK.

Cash Flow movements in 2025

Changes in main working capital items in 2025

Net interest-bearing debt

Net interest-bearing debt (MNOK)

Disposable funds of NOK 84 million as per Q2 2025. (NOK 85 million as per Q1 2025)

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

Outlook

Outlook

Short-term:

• Continued improvement in EBITDA and recurring revenue although slower than anticipated

Long-term:

• Core fundamentals getting stronger, especially with global SaaS E-Commerce opportunities
• Healthy revenue growth, >10% EBITDA margin

Thank you