AutoStore Holdings Ltd.

Revierstredet 3 P.O. Box 1187 Sentrum NO-0107 Oslo Tel. +47 22 93 98 00 post@finanstilsynet.no finanstilsynet.no Enquiries to Kim Wangen Dir. line. +47 22 93 96 65 The Board of Directors of AutoStore Holdings Ltd. Stokkastrandvegen 85 5578 NEDRE VATS Our reference 24/18708 Your reference 09.04.2025 Review of financial reporting 1. Introduction In accordance with the Securities Trading Act section 19-1 subsection (2), Finanstilsynet has reviewed certain topics related to the financial reporting of AutoStore Holdings Ltd. (AutoStore or the Company). Reference is made to previous correspondence and meeting, most recently the issuer's reply dated 3 March 2025 and the meeting on 27 February 2025. 2. Finanstilsynet’s summary AutoStore presents the financial measures Order intake and Order backlog in its financial reporting. The Company does not consider these measures to be alternative performance measures (APMs). Finanstilsynet is of the opinion that these measures are APMs according to paragraph 17 of the ESMA Guidelines on Alternative Performance Measures1 (guidelines) and therefore should comply with the requirements in the guidelines. Finanstilsynet has not, however, found grounds for requiring the company to classify the measures as APMs, but considers it worthy of criticism that the company intends to continue its practice in future financial reporting. Finanstilsynet reached this conclusion in part due to the fact that AutoStore proposes to include additional disclosure on these measures in future financial reporting. Finanstilsynet assumes that the Company will provide a more detailed definition and an explanation of the use of the measures to allow users to better understand their relevance and reliability.