Press release Stockholm, 9 March 2012 Kontanten Nordic ATM runner up after Norwegian acquisition Kontanten acquires ATM Net, Norway’s leading operator on automatic teller machines (ATM), from Point. Kontanten consequently increases the number of ATM’s on the Nordic market by 50 per cent resulting in appx. 1 000 ATM’s in Norway, Finland and Sweden, making Kontanten the second biggest player in the Nordics. The goal is to become number one in the Nordics on ATM’s. The agreement comes into effect immediately and the acquisition will lead directly to increased profitability. ATM Net has approximately 300 ATM’s across Norway. The economies of scale are substantial as Kontanten uses the same infrastructure and system solutions. The CEO for Kontanten AS will be Tore Anshus, today managing the ATM area within Point. - The acquisition in Norway gives us a stable ground for further expansion in the Nordics, says Gunnar Jacobson, CEO at Kontanten. We aim at a 20-30 per cent annual growth, the same pace we’ve had so far, and I see no reason to diminish those goals. Cash withdrawals have basically been constant the past years, along with at fast increase in card payments. On the Swedish market, Kontanten has contributed to a better cash access, an experience the company brings into their Norwegian market. - We are specialists on cash withdrawals and is Sweden’s and Finland’s first and only bank independent player. Ahead, we see a possibility of fast growth both organically on our three markets as well as winning contracts on outsourcing from banks, says Gunnar Jacobson. The trend in Europe is outsourcing of ATM operation and management to specialists who are cost effective. In January, Skandiabanken was the first bank in Sweden to outsource their ATM’s by writing an agreement with Kontanten for operation and management. Specialists on ATM operations can be compared to the currency exchange market that used to be handled entirely by the banks, but are now dominated by specialised players. Since the start-up 2005 Kontanten has grown from zero to nearly 1 000 ATM’s in the Nordics. Kontanten is owned by the venture fund Scope, four founders and by Nordic investors. For further information, please contact: Gunnar Jacobson, CEO Kontanten, +46 8-407 74 56, gunnar.jacobson@kontanten.se About Kontanten Kontanten AB is Sweden’s largest independent ATM operator. Our goal is to be a nation wide complement to bank ATM’s. We place the ATM’s in locations where a lot of people circulate such as malls, department stores, train stations, gas stations and chain stores. Our cooperation partners are the largest suppliers within cash management such as Wincor Nixdorf, EDB and Panaxia. The ATM’s are equipped with a hightechnology security system with an advanced colouring technique that makes the money worthless if dealt with wrongly. Kontanten AB started up in 2003, is Swedish and privately owned. Kontanten today have agreements with 7-Eleven, Pressbyrån, Hemköp, Willys, Statoil, Unibail Rodamco, KF/Coop, City Gross, Swedavia, Atrium Ljungberg and KF Fastigheter among others 1 About Scope Scope VC I KB is a venture fund that makes investments with entrepreneurs in Nordic companies with commercially validated business models. As an active owner Scope cooperates with the management in companies to build internationally scalable companies with an assiduous growth rate. Scope administer two funds with a total capital that excess 1,2 billion SEK. For more information, visit www.scope.se 2 Antal uttagsautomater i Sverige, Norge, Finland (ca.) Sverige Swedbank Kontanten Nordea SHB SEB ICA Banken DDB LF Sparbankerna Totalt Marknadsandel 640 600 540 375 360 300 160 90 320 3295 18 % Norge Sparebank 1 gruppen DNB Nordea Kontanten Terragruppen Övriga mindre banker Sparebanken vest Posten Fokus bank Totalt 450 390 318 300 250 240 115 90 90 2240 13% Finland Otto Kontanten/ Eurocash Totalt 1600 43 1643 3% Utelöpande sedlar per valör Källa: Sveriges Riksbank Om svenskarna och automatuttag • 1 gång i veckan tar svensken ut pengar • 870 kronor är genomsnittsuttaget från uttagsautomater. • Sju av tio vill betala kontant för belopp under 100 kronor • 250 miljoner kontantuttag görs varje år • Över en miljard tas varje månad ut ur Kontantens automater av närmare 2 miljoner svenskar Källor: Demoskop-undersökning 2010, samt Riksbanken Korta fakta om Kontanten: • • Startades 2003 av fyra svenska entreprenörer Har som mål att bli störst på uttagsautomater i Norden, både genom att expandera det egna nätet samt genom samarbeten med andra banker för att sköta drift och utveckling. • Har expanderat snabbt genom samarbeten med Coop, Hemköp, Willys, CityGross, Pressbyrån, 7-Eleven, köpcentrum, fastighetsbolag, gallerior med flera 3