StrongPoint awarded AutoStore solution contract by ColliCare

May 30, 2022

(Oslo, 30 May 2022) StrongPoint ASA (StrongPoint, ticker: STRO) today announces that it has been selected by ColliCare Logistics AS, an innovative provider of
all logistics services for e-commerce and warehousing services, for the development and installation of an AutoStore solution.

“We are extremely proud to announce the agreement with ColliCare after an extensive tender process. That StrongPoint has been chosen to develop and
install this AustoStore solution is a testament to our reputation for high quality and outstanding customer service,” says Jacob Tveraabak, Chief Executive
Officer of StrongPoint.

After a competitive tender process, StrongPoint has entered into an agreement with ColliCare Logistics to deliver an AutoStore solution to automate their
warehouse in Vestby. The project will be managed by StrongPoint with support from its strategic partner HÖRMANN Logistik.

“ColliCare has a bold vision to enhance their customers’ competitiveness through innovate and integrated logistics solutions. We are proud to join them on this
journey and develop their first automation facility to accelerate their growth by boosting the speed and capacity of their logistics solution,” says Jacob
Tveraabak, Chief Executive Officer of StrongPoint.

The agreement has a value of approximately 30 MNOK and is expected to be delivered in Q1 2023.

About StrongPoint

StrongPoint is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient.
With over 400 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports 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. StrongPoint is
headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue of 1bn NOK [ticker: STRO].

About Collicare

ColliCare is an innovative provider of all logistics services within sea freight, road transport, air freight, train freight, third-party logistics,
distribution, home delivery for e-commerce and warehousing services. The company aims to improve the customers competitiveness through total solutions in the
flow of goods, from manufacturer to end-user. The customers are importers, exporters and industry, in need of logistics services, especially in
Scandinavia, Europe and Asia.

ColliCare is headquartered in Norway and have offices in Sweden, Denmark, Finland, the Netherlands, Lithuania, (Latvia,) (Poland,) Italy, Turkey, China
and India, and an agent network across large parts of the world.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Contacts
* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,
hilde.gilen@strongpoint.com

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