Sandvika 5 May 2025 (OSE: NORCO): The annual general meeting of Norconsult ASA was held today as a digital meeting with online participation.

All proposals on the agenda were adopted, except for the proposals in items 17 and 18 regarding authorisation to the board of directors to acquire own shares for (i) the purpose of implementing share or incentive programs for employees, and (ii) acquire own shares for investment purposes or for the purpose of optimizing the Company's capital structure. The authorisations require a qualified majority of 2/3 of the votes in favour, while only 54.85% and 54.95% respectively votes were in favour of these two resolutions. All other proposals on the agenda were adopted. Minutes of the meeting are attached to this release and available on investor.norconsult.com.

The general meeting approved distribution of a dividend of NOK 1.70 per share. The dividend is payable to shareholders holding shares in the company as per 5 May 2025. The shares will be traded ex-dividend on Euronext Oslo Stock Exchange from and including 6 May 2025. The dividend will be paid on or about 14 May 2025.

The general meeting elected five shareholder-elected board members:

• Nils Morten Huseby (chair)
• Mari Thjømøe (deputy chair)
• Karl Erik Kjelstad
• Lars-Petter Nesvåg
• Sandra Kuru

For further information, please contact:

Investors: Christian Salbu Aasland, SVP Investor Relations & Business Intelligence, IR@norconsult.com

Media: Henrik Charlesen, Senior Communication Advisor, Henrik.Charlesen@norconsult.com

This information is subject the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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About Norconsult

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public customers in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika, Norway, Norconsult's delivery model is centred around knowledge hubs and local presence through approximately 6,500 employees across more than 140 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland