InPost S A : announces new UK partnership with Tesco

PRESS RELEASE

30 September 2021

InPost announces new UK partnership with Tesco

InPost set to deploy its automated parcel machines at up to 500 Tesco stores across the UK - with over 200 already installed

Move set to offer shoppers the easy collection, return and sending of parcels and help bring High Street services to where shoppers can use them

London, 30th September 2021: Leading out-of-home and eCommerce delivery company InPost has today announced a new partnership with Tesco Plc, the UK's largest supermarket chain.

The deal will see InPost's automated parcel machines (APMs) deployed across Tesco's entire large-format store estate in the UK, potentially up to 500 sites, by the end of November.

This new partnership adds InPost's lockers to Tesco's concession offering, increasing the range of services and facilities Tesco has to offer its customers at stores and further maximising the value of its commercial real estate.

With Christmas fast approaching, the new parcel machines will bring extra convenience and much needed postal services to existing community hubs, providing shoppers with a fast, convenient and greener way to collect their online orders or send parcels.

They will also be able to drop off returns in seconds thanks to InPost's market- leading paperless Instant Returns service, whilst 24/7 accessibility provides a vital service to key and shift workers in the community.

Importantly, this partnership allows Tesco customers to 'trip-twin' and save time by combining these errands with their regular grocery shop, instead of waiting in for online deliveries at home or making a special journey to post goods or send returns to retailers.

The deal continues InPost's rapid growth in the UK, bringing the total number of InPost lockers in the country to approximately 2,500. InPost aims to have the largest automated parcel machine networks in the UK, with ambitions for around 3,000 APMs by the end of 2021 and over 10,000 by 2024.

Jason Tavaria, CEO of InPost UK, said: "We're incredibly proud to provide Tesco shoppers across the country with the most convenient way to collect parcels and make returns. Very soon they'll also be able to enjoy our enhanced service for posting items, making it even easier to skip the queues and send parcels using lockers. People are always looking for new ways to access essential amenities and convenient services that fit in around their busy lives, saving them time and effort. Our lockers do just that. And by reducing the number of deliveries needed, the new lockers will reduce local traffic, helping create more sustainable, greener communities."

In a clear sign of Tesco's commitment to the new partnership, more than 200 lockers are already installed, with the supermarket chain opting to go straight to a national rollout of these, rather than a pilot scheme.

Once the InPost APM network is fully operational across all of the planned Tesco locations, it has the potential to eliminate 250,000 last mile deliveries, reducing carbon emissions by up to 70% per parcel versus home delivery. This will help reduce congestion in local areas by reducing the number of deliveries needed, and create healthier and greener local communities. It also supports Tesco's ambition to become a zero-carbon business by 2050.

About InPost

InPost (Euronext Amsterdam: INPST) is the leading out-of-homee-commerce enablement platform in Europe. Founded in 1999 by Rafal Brzoska in Poland, InPost provides delivery services through our network of more than 15,500 Automated Parcel Machines ("APMs"), including over 2,000 in the UK, as well as to-door courier and fulfilment services to e-commerce merchants. Strategically positioned in the fast- growing ecommerce market, InPost's strategy is further enhanced by our investments in technology, as well as the benefits of the "flywheel" effect that provide consumers, merchants and our planet a best-in-class, lower cost, more convenient and sustainable form of last mile delivery. Through our delivery services, InPost is creating a greener solution for e-commerce, as APM deliveries reduce CO2 emissions by up to two-thirds compared to to-door deliveries in urban areas, and by up to 90% in rural areas, as well as significantly reducing traffic and noise pollution.

In the twelve months to 30 June 2021, InPost handled 381 million parcel deliveries through its networks in Poland, France, the U.K, Italy, Benelux and Iberia, generating PLN 3,111 million of revenue and other operating income and PLN 1,298 million of adjusted EBITDA.

In July 2021, InPost successfully completed acquisition of Mondial Relay to create Europe's leading out-of-home automated solution for e-commerce.