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Regulatory press release

Klimator extends and expands business in Finland

Klimator
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Klimator extends agreement and expands the business in winter maintenance in Finland together with its partner Autori to an order value of 700 KSEK for the coming winter. In short the agreement means continued trust and an expanded geographic delivery and extension of the completed Proof-of-Concept with high-resolution road condition forecasts in order to conduct more efficient winter road management.

"We are very happy about the trust to extend and expand the agreement covering our mutual customers in Finland. Autori has a strong position in Finland, knowing the market and the industry well. By integrating Autori's maintenance actions into Klimators forecasting system we can package both our common knowledge and our products into a very strong and competitive offering. We provide solutions for those in the winter industry who want to digitize, modernize and lower costs. Efficient methods of working with less resource utilization, thereby providing benefits to our societies and environment", says Emil Danielsson, Head of Business Area Winter Maintenance.

About Autori

Autori is a leading player in digital services for road maintenance in Finland, which since 2021 has marketed and distributed Klimator's service, Road Status Information (RSI), to Finnish authorities and road contractors. and in this way made it possible with a more efficient and environmental winter road maintenance on state and municipal roads.

About Road Status Information

Road Status Information (RSI) is a Software-as-a-Service application for the winter maintenance industry which delivers all critical information needed to ensure safe winter roads. The data provided in RSI is created by using a combination of ruled-based algorithms, machine learning, and analysis of immense amounts of real-life road and environment data. RSI processes this data with advanced climate models to provide detailed forecasts for roads, bicycle- and footpaths. The high-resolution forecasts given in RSI are used by traffic authorities, winter road contractors and municipalities providing the best possible foundation for proactive and sustainable winter maintenance. Klimator's forecasts facilitate decisions, planning and follow-up of measures and contribute to using resources more efficiently and reducing the climate footprint.

This disclosure contains information that Klimator is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 18-10-2022 13:45 CET.

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