Contract Win

Optima Health (AIM: OPT), the UK's leading provider of technology enabled corporate health and wellbeing solutions, announces that it has entered into a strategic partnership with Perkbox, a leading global employee benefits and rewards platform to deliver a full suite of EAP (Employee Assistance Programme) and mental health services to Perkbox's clients.

Under the terms of the agreement, Optima will transfer clinical and administrative staff to support the delivery of Optima's technology-driven solutions to Perkbox's clients, with scope to further expand the service offering over time.

The five-year contract has an estimated value of £6.5 million per annum to Optima, after an initial implementation period. The contract forms part of the £8.3 million annualised new business that was secured or at preferred bidder stage in the Company's HY26 results.

Jonathan Thomas, Chief Executive Officer of Optima Health, said: "This latest partnership provides an exciting opportunity for Optima to expand its service reach through a significant new channel partner, opening up a new stream of revenue for the business. We look forward to working closely with Perkbox as we deliver our market-leading solutions for workplace health and wellbeing to its large base of clients."

Doug Butler, Chief Executive Officer of Perkbox, added: "We are proud to partner with Optima. Employee wellbeing is core to Perkbox's technology enabled benefits solutions, and having thoroughly reviewed the market, Optima's scale, reputation and commitment to clinical standards and excellence aligns perfectly with our own commitments to our clients and their people."

Perkbox is a workplace benefits and rewards platform that employers use to give their staff additional rewards beyond traditional remuneration. By paying for the Perkbox service, employers can offer their employees a variety of discounts, wellbeing tools, and rewards in one place, helping companies elevate their cultures. There are currently around 7,500 organisations that use Perkbox globally.

Perkbox helps companies strengthen their cultures by bringing together employee wellbeing, benefits and engagement in a single app that employees enjoy using.

It makes it simple for organisations with diverse and dispersed workforces to care for, connect with and celebrate their people. At the heart of Perkbox is a clear mission: every employee should feel valued. From everyday grocery savings to recognition and mental health support, Perkbox provides something relevant for everyone, every day.

Today, more than 7,500 organisations and nearly 4 million employees worldwide trust Perkbox as their partner in employee experience, including more than 80 percent of the NHS. With two decades of experience, Perkbox continues to innovate so people teams can support thriving workplace cultures with ease.