AutoStore Holdings Ltd. - Mandatory notification of trade

(Nedre Vats, 16 February 2024): With reference to the stock exchange announcement made earlier today, AutoStore Holdings Ltd. ("AutoStore") has been notified of PDMR trades made by funds associated with Thomas H. Lee Partners LP ("THL").

THL is represented on the board of directors of AutoStore and are considered as closely associated with James C. Carlisle (chair of the AutoStore board of directors) and Michael M. Kaczmarek (AutoStore board member). Notifications for transactions by close associates are enclosed to this announcement.

This information is subject to the disclosure requirements pursuant to Section 3-1 of the Norwegian Securities Trading Act, cf. Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) Article 19.

About AutoStore | www.autostoresystem.com

AutoStore™, founded in 1996, is a technology company that develops order-fulfillment solutions to help businesses achieve efficiency gains within the storage and retrieval of goods. The company offers both hardware and software capabilities and the AutoStore technology is interoperable with other third-party solutions.

AutoStore is global, with ~1,400 Systems in 54 countries. All sales are distributed, designed, installed, and serviced by a network of qualified system integrators referred to as "partners".

AutoStore was founded in Nedre Vats, on the west coast of Norway. The company has offices in Norway, the U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and Singapore, as well as assembly facilities in Poland.