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Regulatory press release

White Pearl Technology Group AB: White Pearl Technology Group's Klarib Secures Landmark SEK 22 Million Contract with South Africa's CSOS for Digital Transformation

08.04.2025, 11.15
White Pearl Technology Group
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White Pearl Technology Group AB (Nasdaq First North: WPTGB, OTC: WPTGF), a global supplier of cutting-edge solutions for digital transformation, today announced that its South African subsidiary, Klarib, has been awarded a five-year contract worth approximately SEK 22 million by the Community Schemes Ombud Service (CSOS) in South Africa to deliver an Enterprise Content and Document Management Solution (ECDMS).

CSOS, established under South Africa's Community Schemes Ombud Service Act of 2011, oversees governance and dispute resolution within community schemes, ensuring transparency and accountability.

The web-based ECDMS will modernize CSOS's operations amongst others by:

· Eliminating paper-based processes and reducing off-site storage costs.

· Enabling seamless, institution-wide access to unstructured data.

· Integrating with core business applications to enhance operational intelligence.

· Improving customer service through faster information retrieval.

· Ensuring data integrity, compliance, and full audit trails for records management.

Ashley De Klerk, Executive Vice President of White Pearl Technology Group, commented: "We are thrilled that CSOS has selected Klarib for this transformative project. This contract underscores our leadership in digital solutions and our commitment to replacing outdated systems with innovative, web-based platforms. By enhancing efficiency and data integrity, we're empowering CSOS to better serve its community. This milestone also marks our expansion into the document management space, and we look forward to driving further impact.

The partnership reflects White Pearl's mission to help organisations transition into the digital age with cutting-edge solutions that drive efficiency, security, and knowledge sharing. "

For more information, please contact: Investor Relations at White Pearl Technology Group AB Email: ir@whitepearltech.com Phone: +46 733 611 000.

The company's Certified Adviser is Amudova AB, email: info@amudova.se.

About White Pearl Technology Group AB: White Pearl Technology Group AB (Nasdaq First North: WPTGB, OTC: WPTGF) is a global technology company specialising in digital transformation solutions. With a presence in over 30 countries and a team of more than 750 experts, WPTG helps organisations navigate the complexities of the digital age, offering services ranging from ICT and system integration to business software and digital innovation.

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