StrongPoint

UK grocery retailer Sainsbury's selects StrongPoint's grocery Order Picking solution

16.1.2024 08:30:00 CET | StrongPoint | Additional regulated information required

to be disclosed under the laws of a member state

[Oslo, 16 January 2024 - ticker: STRO] StrongPoint, a leading provider of

in-store and e-commerce retail technology, announces that it has been selected

by Sainsbury's to supply order picking technology for online grocery orders

fulfilled manually in store.

Sainsbury's is the UK's second-largest grocery retailer with over 1,400

supermarkets and convenience stores across the country, employing more than

152,000 people.

"StrongPoint is focused on serving the unique needs of grocery retailers and

providing the very best e-commerce technologies. Our grocery e-commerce Order

Picking solution is truly world class. The fact that we now serve the UK's

second largest grocery retailer is a perfect testament to the quality of our

solution," said Jacob Tveraabak, CEO of StrongPoint.

Order picking refers to the technology used to select and prepare online grocery

orders, the majority of which are fulfilled through manual in-store picking.

Processing orders in-store enables grocery retailers to reach customers across

their store network.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation (MAR) and is subject to the disclosure requirements

pursuant to MAR article 17 and section 5 -12 of the Norwegian Securities Trading

Act. This stock exchange announcement was published by Marius Drefvelin, CFO at

StrongPoint ASA, on 16 January 2024 at 08:30 CET.

CONTACTS

* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,

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, Finland,

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/17847450/2854/3969/Download%20announcement

%20as%20PDF.pdf

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