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Regulatory press release

ZAL: Zalaris to deliver outsourced payroll services based on PeopleHub to global pharmaceutical company

Zalaris
Zalaris, the provider of payroll and HR solutions that simplify work life and
support creating sustainable businesses, today announced the signing of an
agreement with a leading global pharmaceutical company for the provision of
outsourced payroll services in Germany and Switzerland.

Zalaris has signed a five-year agreement to deliver a new outsourced payroll
solution and outsourcing services to serve the global pharma company's 6,000+
employees in Germany and Switzerland. The solution that will be implemented over
the next 18 months with first go-live in July 2023 is based on Zalaris PeopleHub
integrated with Workday as the global HR solution.

"Our new customer is another super example of how Zalaris can serve large
customers with our flexible PeopleHub multi-country payroll solution powered by
SAP HCM, fully integrated with global HR systems as Workday, Oracle and
SuccessFactors. It is also a great win for our DACH operations, adding important
volume to our German business and strengthening our delivery capability in
Switzerland." says Peter Martin, Executive Vice President DACH.

"In addition to securing us a new fantastic brand and position at the table when
our new customer selects partners for the remaining part of its global payroll
strategy it shows the potential of the DACH market for our services. This
agreement brings DACH to our fastest growing market securing more than 20%
growth in recurring revenue year to date, with more likely to come." says Hans
-Petter Mellerud, Zalaris CEO and founder.

Contact:

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

Peter Martin, Executive Vice President DACH
Mobile: +49-178-8617991
E-Mail: peter.martin@zalaris.com


About Zalaris

Zalaris simplifies HR and payroll administration, and empowers customers with
useful information so that they can invest more in their 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 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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