Techstep ASA - Regulatory Filings 2022

Techstep signs Managed Mobility Services agreement with HeidelbergCement

Oslo, 8 March 2022. Techstep has signed an agreement with the building materials

manufacturer HeidelbergCement in Norway, to provide its Manage Mobility

Solutions, SmartDevice to 1,000 users in the country.

SmartDevice is Techstep's mobile device lifecycle solution powered by Techstep's

own lifecycle handling software, including online store, self-service management

portal for end-users and administrators, and the purchase of mobile devices as-a

-service at a fixed monthly cost.

SmartDevice will help HeidelbergCement reduce IT costs and complexity, and

improve the company's sustainability by allowing for safe reuse or recycling of

their used mobile devices.

"This agreement reflects our core offering where we provide the customer with

mobile devices at a reduced cost through our as-a-service model, and onboard

each user onto our cloud-based self-service platform. This lays the foundation

for the customers' further enhanced use of mobile technology to improve the

world of work for their employees" says Techstep's CRO, Gunnar Aasen.

Techstep estimates a total contract value of NOK 8 million, with an initial

contract period of two years. ARR from own software is estimated to be NOK

588 000.

For more information please contact:

Erik Haugen, Chief Transformation Officer, Techstep ASA: +47 967 90 101

About Techstep ASA

Techstep is a complete mobile technology enabler, making positive changes to the

world of work; freeing people to work more effectively, securely, and

sustainably. We help customers who want to work smarter, while also delivering

on their ESG commitments. With more than 350 employees based in Norway, Sweden,

Denmark, and Poland, we serve more than 2,000 enterprise customers in Europe.

Techstep has NOK 1.3 billion in full year 2021 revenues, and is listed on the

Oslo Stock Exchange under the ticker TECH. To learn more, please visit

techstep.io (http://www.techstep.io).

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