FlexQube receives an order worth $380 000 from BRP

Canadian company Bombardier Recreational Products Inc. (BRP) with brands like Ski-Doo (snowmobiles), Lynx (snowmobile) and Sea-Doo (personal watercraft) has placed an order worth $380 000 with FlexQube, for delivery to a plant in Mexico. The order will be delivered in Q2 of 2021.

Anders Fogelberg, CEO at FlexQube, comments: “The strength with our foot-print covering Europe, USA and Mexico becomes very clear in a deal like this. We have already supplied the BRP plant in Rovaniemi, Finland with trolleys during 2020 and with our ability to support BRP in both Canada, USA and Mexico with a combined team effort from our sales organization we have the ability to serve global customers like BRP. We are very happy to have BRP as customers.”

About Bombardier Recreational Products Inc. (BRP)

BRP (legally incorporated as Bombardier Recreational Products Inc.) is a Canadian company that manufactures recreational vehicles headquartered in the town of Valcourt, Quebec.

BRP has manufacturing facilities in Canada, the United States, Mexico, Finland, and Austria and a total workforce of more than 12,600. Product portfolio comprises Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, Alumacraft, Manitou, Quintrex, Stacer and Savage boats, Evinrude and Rotax marine propulsion systems as well as Rotax engines for karts, motorcycles and recreational aircraft

About FlexQube

FlexQube offers a unique and patented concept that is used to design and deliver robust, modular and flexible material handling carts that can also run autonomous. The company has manufacturing in Sweden and USA and distribution in North America and in Europe. On December 14, 2017, the company was listed on the Nasdaq First North in Sweden.

FlexQube has some of the world’s largest manufacturers within automotive-, energy-, defense-, aerospace-, home appliances-, and construction machinery among their customers. Some examples are Volvo Cars, Siemens, Autoliv, Scania, Whirlpool, Eberspächer and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

anders.fogelberg@flexqube.com

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company’s Certified Adviser. Read more at www.flexqube.com

This information is insider information that FlexQube AB (publ) is obliged to disclose in accordance with EU Market Abuse Regulation. The information was provided by the above contact persons for publication on January 14, 2020 at 07:45 CET.