Reference is made to the stock exchange announcement published on 2 July 2024
when Nedre Romerike vann- og avløpsselskap IKS (NRVA IKS) selected AF Gruppen as
the main contractor for the collaborative contract B2, involving the expansion
of the existing wastewater treatment plant in Strømmen, Romerike. The
collaboration has now moved from development, planning and design to phase 2,
which includes detailed design and construction. The works are being carried out
inside the mountain facility in Strømmen.

AF Gruppen's scope of work includes rock excavation, ground and concrete works,
as well as technical disciplines. The works are underway and are scheduled for
completion in the fourth quarter of 2028. The contract is valued at NOK 2,350
million excluding VAT.

"AF Gruppen is very pleased to have been awarded the contract to expand the
existing treatment plant for Nedre Romerike vann- og avløpsselskap IKS. We look
forward to continuing our strong collaboration with NRVA IKS and delivering the
construction so that the facility achieves the desired capacity and meets all
relevant requirements," says Amund Tøftum, CEO of AF Gruppen.

For further information:
Geir Flåta, EVP Civil Engineering, tel. +47 994 01 510
Amund Tøftum, CEO, tel. +47 920 26 712