Multiconsult's (Oslo: MULTI) fully owned subsidiary LINK Arkitektur AS has
entered into an agreement with Vedal Entreprenør AS to design a school in Bærum
for Akershus County Municipality, Norway.

Akershus County Municipality will construct and rehabilitate Rud upper secondary
school. The new school will accommodate an increase of approximately 450 student
places, bringing the total capacity to 1 300 students. The new building will
cover approximately 21 000 m² of space, while the existing building, covering
about 1 800 m², will undergo rehabilitation.

The project will be carried out as a collaborative contract, with LINK
Arkitektur responsible for the preliminary design from late 2024 through 2026.
The school is expected to be completed in 2030. Total contract value for LINK
Arkitektur is estimated at around NOK 40 million.

For further information, please contact:

    Investor Relations:
    Pål-Sverre Jørgensen, Group Treasurer & IRO
    Phone: +47 416 111 61
    E-mail: psmj@multiconsult.no / ir@multiconsult.no

    Media:
    Gaute Christensen, VP Communications
    Phone: +47 911 70 188
    E-mail: gaute.christensen@Multiconsult.no