StrongPoint

Regulatory Filings • Sep 6, 2023

Leading Norwegian grocery retailer orders 80 MNOK of Pricer Electronic Shelf Labels from StrongPoint

Leading Norwegian grocery retailer orders 80 MNOK of Pricer Electronic Shelf Labels from StrongPoint

6.9.2023 11:30:00 CEST | StrongPoint | Additional regulated information required

to be disclosed under the laws of a member state

(Oslo, September 6, 2023) StrongPoint has today signed an agreement with one of

the largest grocery retailers in Norway, to update its current installation of

Pricer Electronic Shelf Labels (ESLs) to the new next generation 'SmartTag

Power+' version in the majority of its stores. The value of the contract is

approximately 80 MNOK.

The leading Norwegian grocery retailer is a long-standing StrongPoint customer

and is replacing their current ESLs, which were installed by StrongPoint, with

the next generation product from Pricer.

"I am very proud that our long-standing Norwegian grocery retail customer

continues to choose Pricer and StrongPoint for their ESL technology needs. We

have been working with both Pricer and the grocery retailer for decades. This

new agreement is a testament to the continued trust and relevance of StrongPoint

as a key long-term partner to grocery retailers in Norway," said Gisle

Elvebakken, SVP StrongPoint Norway.

"The penetration of technology in grocery retail is only increasing,

irrespective of the broader economic environment. Although we are seeing some

delays in certain markets regarding major investment decisions, this new order

from a leading Norwegian grocer is a perfect example of the long-term trend

illustrating how grocery retailers continue to embrace the next generation of

business-critical technologies. ESLs are just one of many grocery retail

technologies that offer essential efficiency savings to the retailer while

improving the customer experience," said Jacob Tveraabak, StrongPoint CEO.

The rollout of the project is expected to begin in H1 2024 and be completed in

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

CONTACTS

* Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,

jacob.tveraabak@strongpoint.com

ABOUT STRONGPOINT

StrongPoint is a grocery retail technology company that provides solutions to

make shops smarter, shopping experiences better and online grocery shopping more

efficient. With over 500 employees in Norway, Sweden, the Baltics, Spain, the UK

and Ireland and together with a wide partner network, StrongPoint supports

grocery and retail businesses in more than 20 countries. StrongPoint provides

in-store cash management and payment solutions, electronic shelf labels,

self-checkouts, task and labor management software, click & collect

temperature-controlled grocery lockers, in-store and drive-thru grocery pickup

solutions and grocery order picking solutions, both manual and automated.

StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange

with a revenue of approx 1.4bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/2595/3628/Download%20announcement

%20as%20PDF.pdf