White Pearl Technology Group Secures Major Contract with South African Government Authority

We are thrilled to announce that White Pearl Technology Group (WPTG) has signed a significant new service contract with a major local government authority in South Africa. This two-year contract for IT Implementation and Support Services commences immediately and marks a major milestone in the development of our business.

Key Highlights:

• Contract value: Approximately USD 11M (118 MSEK) over the two-year term
• Impact on financial results: The contract will begin to be reflected in WPTG's Q2 results
• Growth implications: This deal ensures that WPTG's strong growth rate is maintained in the coming years

This contract demonstrates our commitment to delivering high-quality IT solutions and services to our clients, particularly in emerging markets where we have a strong presence. It also showcases our ability to secure significant deals with government authorities, further establishing our position as a trusted partner in the IT industry.

We would like to express our gratitude to our dedicated team, whose expertise and hard work have made this achievement possible. As we continue to expand our presence in Africa and other emerging markets, we remain focused on delivering innovative solutions that drive digital transformation and create value for our clients.

Stay tuned for more updates on our progress and future successes as we continue to grow and strengthen our position in the global IT market.

For more information about White Pearl Technology Group and our diverse portfolio of IT solutions, visit our website at www.whitepearltech.com.

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