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Selskabsmeddelelse

TECH: Techstep to deliver mobile technology solutions to the Municipality of Oslo with potential contract value up to NOK 480 million

Techstep
Techstep has been awarded a frame agreement with the Municipality of Oslo (Oslo
Kommune), one of Norway's largest employers, to deliver SmartDevice to some
30,000 of the municipality's employees. The contract includes opportunities for
adding software and advisory services, with a potential of doubling the current
contract value.

Techstep has been the main provider of mobile phones and accessories to Oslo
Kommune for the past four years. In this new tender, Oslo Kommune emphasised
facilitation of complete mobile technology solutions, with focus on cost
efficiency and sustainability, which represents further opportunities for
Techstep compared to the previous frame agreement.

"Oslo Kommune has high ambitions of reducing their climate footprint through
more sustainable procurement practices and reduced consumption. For Techstep,
this is an important win as it confirms the relevance of our products, where
sustainability and circularity are central", says CEO Børge Astrup in Techstep.
"We are honoured that Oslo Kommune again has chosen Techstep as their preferred
supplier of mobile technology solutions".

Total contract value has a potential of up to NOK 480 million over a four-year
period, of which NOK 240 million relates to mobile phones and accessories in the
SmartDevice portfolio. The contract period is two years, with options for an
additional two years' extension with annual renewal.

Techstep has been awarded the contract after a tender offering, and the
agreement is expected to be signed shortly after the closing date for submission
of complaints, due 21 June, 2023.

Techstep's offerings

SmartDevice is the complete and sustainable solution to help enterprises
integrate and manage all mobile devices from procurement to end of life. By
combining Hardware and Own Software, users are empowered to choose, repair, and
replace mobile devices whilst enterprises increase cost efficiency, visibility
and control over their mobile fleet.

SmartControl is a Managed Service, where Techstep's experts?deliver best
practice implementations, support and pro-active?services. By combining software
and advisory & services, Techstep manages and secures?the?entire?mobile eco
-system?of the customer's enterprise, by?combining Apple and Google
Android?knowledge and best in class software.?This ensures that?the customer's
devices and apps are?always compliant, secure and up-to-date.

For further information:

Børge Astrup, CEO, Techstep ASA: +47 928 27 676

Ellen Solum, CFO, Techstep ASA: +47 976 66 717

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 ww.oslo.kommune.no.

About Techstep ASA

Techstep is a mobile technology company that enables organisations
to perform smartly, securely, and sustainably through combining software, mobile
devices and services to meet customersŽ business and ESG goals. We are a leading
provider of managed mobility services in the Nordics serving more than 2,000
customers in Europe, with an annual revenue of NOK 1.3 billion in 2022. The
company is listed on the Oslo Stock Exchange under the ticker TECH. To learn
more about us, please visit www.techstep.io (http://www.techstepasa.no/).
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