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Regulatory press release

SDS has entered into an agreement worth SEK 3.3 million

Seamless Distribution Systems
Download the release

Seamless Distribution Systems AB ("SDS" or the "Company") hereby announces that the Company has entered into an important agreement with a leading telecom operator in Senegal, including delivery of the product RVM (Retail Value Management) worth SEK 3.3 million and SEK 10.0 million in ongoing support over four years.

The agreement has been signed with a leading telecom operator in Senegal and represents a significant milestone in SDS's continued focus on profitability and strengthens the company's position as a trusted provider in the African telecommunications sector.

The customer has chosen to invest in licenses and services in the RVM (Retail Value Management) product segment, which enables the operator to achieve a fully digitized end-to-end sales and distribution process. The solution will improve efficiency and empower the operator to stay ahead of the curve in a dynamic and competitive environment.

The income from this project will be reported gradually as the project is implemented. Support revenues are reported on an ongoing basis over a four-year period. The agreement represents a significant step towards the company's goal that recurring revenues will cover the company's operating costs.

For more information, please contact:

Jens Ålander

Chief Financial Officer

+46 70 438 14 42

jens.alander@seamless.se

About SDS

SDS is a Swedish international software company specializing in mobile payment services for mobile operators, distributors, retailers and consumers. SDS ensures that telecom operators can sell talk time, data and ancillary services where SDS products and services handle up to 90% of the telecom operator's sales. Today, SDS has implemented solutions in fintech, advanced analytics and Retail Value Management, and where these products have succeeded, they are transformed into so-called SaaS solutions.

SDS has approximately 267 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, the United Arab Emirates, Pakistan and India. SDS handles more than 15 billion transactions worth over $14 billion annually. Via over 3 million

Monthly active retailers of digital products serve, indirectly, more than 1100 million consumers globally.

SDS's share is listed on Nordic SME on the Nordic Growth Market.

Attached files

SDS-has-entered-into-an-agreement-worth-SEK-33-million.pdf
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