12 April 2022 - Elop's AI business unit Simplifai has signed a strategic
partnership agreement with Keylane, a leading service provider to over 225
insurance and pension companies in Europe.

As part of the partnership agreement, Keylane will include Simplifai's AI-driven
Digital Employee-solutions - Documentbot and Emailbot - in the offering to its
large number of clients in the Dutch insurance and pension industry. 

Headquartered in Utrecht in the Netherlands, Keylane employs over 750 people and
delivers services to over 225 insurance and pension companies across several
European countries. The strategic partnership agreement with Simplifai is
specifically for the Dutch market. 

-Simplifai continue to partner with insurance clients in the Dutch market, which
piqued our interests to better understand Simplifai and how it could benefit our
clients. We were impressed with their offering and its potential to grant
smarter functionality for the insurance sector. Adding Simplifai's technology to
our own service offering to the P&C insurance industry is a smart,
forward-looking decision for both parties," says Ron van den Broek, CEO at
Keylane.

Last year, Simplifai signed contracts with Dutch insurance industry players Van
Ameyde Group and Nh1816 Verzekeringen. Simplifai's AI-based Digital Employee
solutions have already proven that they can automate and manage huge amounts of
e-mail and document heavy work processes on behalf of these companies, thereby
improving customer satisfaction and freeing up valuable time for their
employees.

-Partnering with Keylane will give us access to a much larger prospective client
portfolio. This can ramp up adoption of our technology in the Netherlands much
more quickly than we would have been able to achieve on our own. We are very
excited about the partnership with Keylane," says Bård Myrstad, CEO of
Simplifai. 

Contact information:

For press/media:
o Stian Thorsrud, Head of Communications and Marketing, tel: +47993 00 003
o Bård Myrstad, CEO Simplifai, tel: +47 415 03 263
o Øivind Horpestad, Executive Chairman of Elop, tel: +47 910 00 626

For investors:
o Kim Boman, CFO of Elop, tel: +47 959 63 912

About Elop AS 
Elop is a Norwegian technology company that delivers tools and digital solutions
to inspect, monitor and manage infrastructure worldwide. Through data-driven and
AI-based solutions for inspection and predictive maintenance of concrete
infrastructure, Elop's vision is to provide asset owners with solutions that
improve safety, extend asset lifetime, minimise total lifecycle cost and
environmental footprint. Elop is headquartered in Norway. For more information:
www.elop.no 

About Simplifai 
Simplifai is Elop's AI business unit. Simplifai operates as a stand-alone
business where it develops a no-code automation platform using artificial
intelligence to help clients across numerous industry sectors to grow
efficiently. Simplifai's Digital Employee solutions can automate labour
intensive work process where natural language communication including email or
documents are central. For more information: www.simplifai.ai