Zalaris ASA, the provider of payroll and HR solutions that simplify work life
and support creating sustainable businesses, today announced that it has signed
a five-year agreement to deliver payroll, travel & expense solutions and
services to Norges Bank (The Central Bank of Norway).

Norges Bank (https://www.norges-bank.no/) promote economic stability in Norway
and manages the bank's own foreign exchange reserves. In total the bank and the
Government Pension Fund Global has approximately 1,000 employees in Norway.

The new agreement with Zalaris includes the implementation of a new solution and
outsourcing services for payroll and travel expenses powered by Zalaris
PeopleHub (https://zalaris.com/hr-payroll-solutions/) integrated to Norges
Banks' existing SAP SuccessFactors global HR system.

As part of the public tender Norges Bank stated that their main objectives for
the partnership with their new supplier was:

  · Full outsourcing of payroll and associated services for all employees
  · Access to a modern and flexible solution for payroll with an integrated
solution for travel and expense claim handling
  · Employee and organisational master data seamlessly integrated with existing
SuccessFactors HR solution
  · Compliance with personal data protection and security requirements

"We are delighted and proud to enter into a partnership with Norges Bank.
Establishing and delivering mobile enabled processes for payroll and travel
expenses based on our PeopleHub solution, fully integrated with SAP
SuccessFactors, will provide significant operational savings. We also hope that
Norges Bank will appreciate our integrated capability to report on employees
work related CO2 footprint and look forward to a long and successful
partnership.", says Hans-Petter Mellerud, CEO and founder of Zalaris.

Contact

Hans-Petter Mellerud, CEO and founder Zalaris
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com

About Zalaris

Zalaris simplify HR and payroll administration and empower you with useful
information so that you can invest more in people. We are a leading service
provider of Human Capital Management (HCM) solutions, serving more than 1.5
million employees monthly with an annual revenue of more than 80 million Euros.
We hold #1 or #2 positions in most of our markets and carry over two decades of
experience in transforming HR and support creating sustainable businesses with
our clients. Simplify work life. Achieve more. For more information about us, go
to zalaris.com.

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© Oslo Bors ASA, source Oslo Stock Exchange