Oslo, Norway - 7 May 2026

Techstep ASA ("Techstep") announces the successful completion of its group-wide
ERP transformation, establishing a unified, cloud-based, scalable SAP platform
across all business units and geographies.

The program marks asignificant operational milestone, enabling higher
automation, improved scalability and strengthened profitability over time. Five
legacy ERP systems have now been replaced with one consolidated cloud-based SAP
S/4HANA platform covering all core processes and all countries in which Techstep
operates.

The rollout was executed in phases: Techstep ASA was first entity to go-live
early 2025 together with our Finance Solutions company, followed by Poland in
summer 2025, Norway in January this year, and Sweden earlier this
week, completing the group-wide implementation.

The new platform replaces all legacy ERP solutions and consolidates core
functions including finance, leasing, subscription management, invoice
automation, analytics, and reporting. It provides a standardized and data-driven
operating model, providing a foundation for AI-enabled processes and future
growth initiatives.

In parallel, Techstep has modernised its integration architecture, reduced
system complexity, and strengthened its ability to deliver new digital services
faster and more efficiently.

As part of the transformation, Techstep has also launched a new digital commerce
platform (webshop), now live in Sweden and supporting more than 300 customers.
Rollout in Norway is planned for this summer and will support an additional 2000
customers and create a modern, scalable and unified user-experience across
markets.

The transformation has been delivered over approximately 18 months. Some cost
overruns related to the final phase of the rollout did occur and
were recognised as non-recurring operating expenses in Q4 2025 and will
be recognised in the same manner in Q1 2026.

Completion of the program is expected to deliver material cost savings and
efficiency gains over time through reduced system complexity,
increased automation and scalable operations.

For further information, please contact:
Morten Meier, CEO Techstep ASA
Tel: +47 970 57 717
Email: morten.meier@techstep.io

AboutTechstep

Techstep is a mobile and circular technology company
enabling organisations to operate smarter, more securely and sustainably through
mobile devices, software and expertise. Techstep serves more than 2,100
customers across Europe and generated revenue exceeding NOK 1 billion in 2025.
The company is listed on the Oslo Stock Exchange under the ticker TECH