Kanonaden Entreprenad Mälardalen AB, a company within AF Gruppen, has been
awarded the contract to carry out extensive ground and concrete works at Hamra
on behalf of Linxon Sweden AB. The project is being undertaken for Svenska
kraftnät. It is a turnkey contract valued at SEK 117 million excluding VAT.

The project includes the reconstruction of the existing substation as well as
the construction of a new 400 kV substation, including two control buildings.
Kanonaden Entreprenad Mälardalen AB's share of the assignment comprises
groundworks, concrete works, and foundation works, as well as the demolition of
earthing grids and concrete foundations.

"It is a pleasure to carry out this assignment together with Linxon for Svenska
kraftnät. We look forward to contributing our experience and ensuring a safe and
efficient delivery," says Bård Frydenlund, EVP of AF Gruppen Sweden.

The project is scheduled to commence with site establishment and demolition in
the fourth quarter of 2025 and is expected to be completed during 2030.

For further information:
Bård Frydenlund, EVP, AF Gruppen Sweden, tel. +47 918 68 621
Peter Ek, Managing Director, Kanonaden Entreprenad Mälardalen, tel. +46 705 77
61 77