(Nedre Vats, 31 January 2022) Following the Munich District Court's order on
Thursday last week staying Ocado's infringement claims against AutoStore in that
court, the Mannheim District Court has now also stayed a similar claim brought
by Ocado for an order blocking the sale of AutoStore's B1 robot in Germany.

The Reporting Judge told both parties that, after his initial review of the
briefs, he considered the utility model IP right as asserted by Ocado invalid.

Ocado therefore agreed that the Mannheim District Court should stay the claim
pending a decision in AutoStore's ongoing challenge to the validity of Ocado's
utility model in the German Patent Office. The Court then ordered the stay.

Ocado brought the actions in the Munich and Mannheim District Courts in Germany
based on its two utility models as a tactical response to the legal cases
AutoStore launched against it for patent infringement in 2020.

AutoStore has consistently maintained that the utility models forming the basis
of Ocado's actions in Germany are invalid, and we commenced proceedings last
year in the German Patent Office to invalidate them.

AutoStore continues to invest in industry-leading technology innovations to help
our customers automate their warehouse operations and drive efficiency.

Earlier this month, AutoStore released the new AutoStore R5+ robot technology
that solves customers' needs more efficiently and is being rolled out across our
worldwide customer base, including in Germany. The newest addition to the
AutoStore Robot fleet will enable warehouses to manage larger items, thanks to
the R5+'s ability to handle Bins up to 425 mm, the tallest Bins available in the
AutoStore system.

All other AutoStore actions continue as before, including the infringement
action launched in October 2020 in the UK and currently before the High Court.

None of these legal developments affects the operations or success of our
growing global business. As the pioneer of cube storage automation, we have
secured hundreds of patents since our founding.

As demonstrated by the launch of the R5+ robot, AutoStore continues to develop
the next generation of robots and solutions to remain the technology leader in
this space. AutoStore now has more than 770 systems in 40 countries, is
represented in a variety of industries, and continues to grow its business
worldwide.

See here for further details of AutoStore's launch of the R5+ robot:
https://www.autostoresystem.com/news/autostore-unveils-r5-robot-expanding-its
-bin-handling-capabilities-to-meet-the-needs-of-rapidly-evolving-warehouses

***

For additional information, please contact:

AutoStore Investor Relations:

Bent M. Skisaker, Chief Financial Officer

+47 46 82 16 93

bent.skisaker@autostoresystem.com

AutoStore Norwegian media:

Geir Bjørlo

+47 91 54 00 00

geir.bjorlo@corpcom.no

AutoStore International media:

Emma Schultz (USA)

+1 646 644 8095

AutoStore@brunswickgroup.com

Tim Danaher (UK)

+44 7515 916 216

AutoStore@brunswickgroup.com

About AutoStore

AutoStore is an innovative robotic and software technology company, and a
pioneer of cubic storage automation. The group operates in the rapidly growing
warehouse automation industry, and in the even faster growing cube storage
segment. AutoStore develops warehouse solutions for the future and helps its
customers to enable space saving and increase performance, while reducing labor
and energy costs. For more information about AutoStore,
see www.autostoresystem.com (https://eur02.safelinks.protection.outlook.com/?url
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Forward looking statements

This announcement includes forward-looking statements which include statements
regarding the Company's business strategy, financial condition, profitability,
results of operations and market data, as well as other statements that are not
historical facts. Words such as "believe," "anticipate," "plan," "expect,"
"target," "estimate," "project," "predict," "forecast," "guideline," "should,"
"aim," "continue," "could," "guidance," "may," "potential," "will," as well as
similar expressions and the negative of such expressions are intended to
identify forward-looking statements, but are not the exclusive means of
identifying these statements. By their nature, forward-looking statements are
subject to numerous factors, risks and uncertainties that could cause actual
outcomes and results to be materially different from those projected. Readers
are cautioned not to place undue reliance on these forward-looking statements.
Except for any ongoing obligation to disclose material information as required
by the applicable law, the Company does not have any intention or obligation to
publicly update or revise any forward-looking statements after it distributes
this announcement, whether to reflect any future events or circumstances or
otherwise.

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