Agreement with the IT distributor N.O.D is increased by 75 million DKK

Company Announcement no. 1-24
Copenhagen, January 4, 2024

In reference to company announcement no. 28-23, Shape Robotics and Network One Distribution are extending the framework agreement by an additional minimum of €10 million (approx. MDKK 75) to be delivered in 2024. The framework agreement encompasses a broad spectrum of Shape Robotics solutions, including proprietary products and third-party offerings, primarily for public acquisitions in Component C 15: Education of PNRR, which includes "SmartLabs.

Today's news does not alter the guidance announced for 2024, where Shape Robotics anticipates a revenue to the range of DKK 300-325 million and an expected EBITDA of at least DKK 14-18 million.

Additional information and investor relations
André Fehrn, CEO Shape Robotics A/S
Tlf.  (+45) 2444 8556
Email: ir@shaperobotics.com
www.shaperobotics.com

[Company Announcement]