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Regulatory press release

TECH: Techstep awarded agreement to deliver mobile devices, software and services to the Municipality of Oslo

Techstep
Techstep has been awarded an exclusive frame agreement with the Municipality of
Oslo (Oslo Kommune), one of Norway's largest employers. This is the third term
we are entering as a supplier of mobile solutions and services to the
Municipality of Oslo,  and this new agreement also includes the Municipalities
of Asker and Lørenskog, as well as Sporveien and some other entities.

Techstep will deliver mobile devices with accessories for all kind of user
groups and user scenarios within the different agencies within the City of Oslo.
This agreement will also support Oslo MunicipalityŽs sustainability ambition
with services to support reuse of mobile phones, collection and repair services,
refurbishing and resale of used smart phones.

The total contract value has a potential of up to NOK 500 million over a four
-year period with a current turnover at about NOK 300 million. The contract
period is two years, with an option for annual prolongation the following two
years.

Techstep has been awarded the contract after a tender process, and the agreement
is expected to be signed shortly after the closing date for submission of
complaints, within current month.

For more information, please contact:
Morten Meier, CEO Techstep ASA             +47 97057717
morten.meier@techstep.io

About the Municipality of Oslo (Oslo Kommune)

Oslo Kommune is the administrative body of the capital city of Oslo, Norway and
one of Norway's largest employers, representing some 50,000 employees in areas
such as education, social and health, technical and administrative tasks. Oslo
Kommune has a strong focus on digitisation of services and solutions, as well as
sustainability. For more information, see www.oslo.kommune.no.

About Techstep ASA

Techstep is a mobile & circular 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 2024. The
company is listed on the Oslo Stock Exchange under the ticker TECH. To learn
more, please visit www.techstep.io.
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