Yes. The QR code leads to the label and the product information sheet as stored in EPREL: they appear on the display of a QR reader, such as a smartphone or a tablet.
Disclaimer: Please note that the European Commission cannot provide a legally binding interpretation of the EU legislation, as this is the sole competence of the European Court of Justice. Any remarks from the European Commission services are without prejudice to the position the Commission might take should related cases arise in a procedure before the Court of Justice.