ICA Gruppen outsources parts of IT operations to Infosys

ICA Gruppen has decided to outsource part of its IT operations. Following
transition costs in 2015, this change will decrease costs in stages by
approximately SEK 75 million starting from 2016 (compared with 2014). The
outsourcing affects both IT infrastructure and application-related areas.
Approximately 120 people at ICA Gruppen and ICA Sweden will be offered jobs with
Infosys.
In addition to cost savings, the change is expected to provide better conditions
for business development projects within IT. ICA previously outsourced part of
its IT operations but as a result of the agreement with Infosys, ICA Gruppen is
increasing the proportion of outsourcing from 20% to approximately 40%.

“The fact that we are now scaling up outsourcing is a key step in the
development of our IT operations. With a strong and skilled IT partner, which
knows our environment, we will create greater flexibility for new business
requirements, be able to cope with rapid and major changes more easily and
quickly, and be better able to support our businesses in their operational
development,” says Sven Lindskog, CFO ICA Gruppen.

The outsourcing affects IT Services, within ICA Gruppen, which among other
things provides IT infrastructure and group-wide IT services, and VUIT,
Operational Development and IT, within ICA Sweden. ICA employees who work within
the areas to be outsourced will be offered employment with Infosys. Infosys will
also assume responsibility for some operations currently carried out by
consultants.

For further information, please contact
ICA Gruppen’s press service, telephone: +46 10 422 52 52

ICA Gruppen AB discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 10.05 CET on Monday, 8 December
2014.
ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies,
with around 2,300 of its own and retailer-owned stores in Sweden, Norway,
Estonia, Latvia and Lithuania. The Group includes the retail companies ICA
Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages
properties and ICA Bank, which offers financial services to Swedish customers.
The Group also includes the wholly owned portfolio company inkClub and partly
owned portfolio companies Cervera and Hemtex. For more information see
icagruppen.se (http://www.icagruppen.se)