Huddlestock Fintech : Aledius GmbH and Huddlestock Systems GmbH announce cooperation.

PRESS RELEASE

Aledius GmbH and Huddlestock Systems GmbH announce cooperation. 

(Stavanger, NORWAY - 27 May 2021) Huddlestock Fintech (HUDL, OSE: HUDL), has
entered into an agreement with the German fund manager Aledius GmbH, through its
fully-owned subsidiary Huddlestock Systems GmbH.  Aledius is a privately-owned
asset manager that invests in public securities, currency and commodity markets
using mathematically driven investment strategies.  Aledius quantitative
portfolio strategies have delivered superior returns to its investors since
inception. 

For Aledius, Huddlestock will provide a full financial portfolio management
license and trading infrastructure through the Bedrock solution, allowing
Aledius to develop and grow its quantitative market solutions.  The partnership
will allow Huddlestock to offer Aledius investment solutions to its own client
base, with the potential to offer add-on bespoke technology and asset management
solutions.  Aledius will become a tied-agent through the use of Huddlestock
Systems GmbH's regulatory umbrella. 

"Huddlestock, with its many years of experience in the field of quantitative
investments and its innovative orientation in the development of FinTech topics,
is an ideal partner for Aledius with its focus on quantitative market models.
With Huddlestock's national approach to third-party partners, such as Baader
Bank, Aledius offers itself an excellent environment for the further development
of the quantitative investment universe. Through this cooperation, we reach a
broader target group and open up new layers of clients," explains Alexander
Brehm, CEO of Aledius. 

"Aledius is a fund in fast growth, driven by an experienced and ambitious
management team that has developed exciting proprietary technologies within
artificial intelligence. This agreement shows the capabilities of Huddlestock in
terms of offering a holistic solution for our clients, including the regulatory
umbrella. Going onwards our ambition is to grow our German client base and
onboard many more asset managers. Growing our eco-system in Germany is a key
focus, and increases our leadership in this segment," says John Skajem, CEO of
Huddlestock. 

Aledius combines classic fundamental business analysis and technical analysis
with modern mathematical and statistical methods to identify and implement
attractive investments. Through its exclusively quantitative investment
approach, that combines artificial intelligence and technical analysis with mood
and news analysis, the company's aims to minimize risk and achieve long-term
positive alpha.  Since inception, Aledius quantitative portfolio strategies have
delivered superior returns to its investors.  The two founders of Aledius,
Alexander Brehm and Benedikt Sturm, regard this step as an important milestone
on the way to the ranks of quantitative investment companies in Germany. 


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

To see all other press and investor releases please look in the investor
relations section of our corporate website
https://huddlestock.com/investor-relations/.

For questions, please contact investor relations.


CONTACTS:

John E. Skajem, CEO, [phone], [e-mail] 

Cecilia Luras, Director of Strategy & IR, [phone], [e-mail] 


About Huddlestock Fintech:

Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as
Norway's first fintech company to be publicly traded. Huddlestock Fintech is a
company that develops unique software as a service-solutions for digitizing work
processes for custody banks, asset managers and trading venues. 

The open, compliance-optimized and data centric platform allows our customers to
offer a differentiated real-time product that reduces cost and increases
efficiency. Huddlestock Fintech's technology enables end-to-end digital services
such as onboarding, client communication, reporting, order execution and
portfolio management, all executed on the same platform. 

Huddlestock has two main products: Apex (Custody) and Bedrock (Connectivity).
Apex is a software as a service-solution that links custody services with asset
managers and individual investors. Bedrock provides a white label solution that
is primarily a product for financial services firms wanting to add low
cost-efficient trading and investing services to their client web and app
offerings. 

Huddlestock has offices in Oslo, Stavanger, Kuala Lumpur, Copenhagen, Stockholm,
Munich and London.

For more information, please visit www.huddlestock.com.

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