Techstep ASA — Regulatory Filings 2024

Jul 22, 2024

Techstep strengthens its position within public sector with two new contracts in Norway

Techstep strengthens its position within public sector with two new contracts in Norway

Techstep has secured two new public sector agreements for delivering mobile

devices, accessories and related mobile technology services and solutions to all

municipalities in the Vestfold region, managed by the public sector purchasing

agency VOIS, as well as the Nordre Follo Municipality.

Techstep's dedication to lifecycle management and circular economy influenced

the selection process, underscoring the company's commitment to responsible and

sustainable business practices. This is a direct result of a new legislation

introduced in Norway from 1 January 2024, requiring climate and environmental

considerations to be weighted at least 30% in public tenders.

By leveraging its expertise in mobile technology solutions, Techstep will be

responsible for delivering, repairing and recycling mobile devices, as well as

giving the municipalities' employees the tools for self-service through a modern

webshop to order and repair the devices and replace or buy them out in

compliance with Norwegian tax requirements.

"This is a direct result of Techstep's revised commercial strategy, becoming the

preferred mobile technology partner for all type of municipal workers, from

office workers to those working in the field and frontline. Our approach is

designed to empower them to derive greater value, productivity and efficiency

from their mobile eco-systems. We are proud to be acknowledged for our strong

sustainability focus and our commitment to ESG," says Morten Meier, CEO of

Techstep.

The two agreements have an estimated total value of NOK 55 million over four

years. The initial contract period for the Nordre Follo agreement is two years,

with options for an additional two years' extension with annual renewal.

For more information

Morten Meier, CEO Techstep ASA, tel: +47 970 57 717

About Vestfold Offentlige Innkjøpsseksjon (VOIS)

VOIS the public sector purchasing agency in Vestfold serving around 20,000

employees in six municipalities (Færder, Holmestrand, Horten, Larvik, Sandefjord

and Tønsberg) and underlying companies.

About Nordre Follo Kommune

Nordre Follo Kommune is one of the largest employers in the Akershus county with

around 5,000 employees.

About Techstep

Techstep is a mobile technology company, enabling organisations to perform

smartly, securely, and sustainably by combining mobile devices, software and

expertise to meet customers' business and ESG goals. We are a leading provider

of managed mobility services in Europe, serving more than 2,100 customers in

Europe with an annual revenue of NOK 1.1 billion in 2023. The company is listed

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

www.techstep.io.