Sandvika, 23 November 2023 (OSE: NORCO): A subsidiary of Norconsult ASA is part
of a team that has been announced winner of the design-built competition at
Geneva Airport in Switzerland.

"The Geneva Airport expansion project showcases our architectsŽ expertise as an
internationally recognised airport designer. We are very proud to be awarded
this project and look forward to collaborating with both Geneva Airport and to
be part of a very competent team carrying out this work," says Bård Hernes, EVP
Norway Head Office at Norconsult.

Norconsult`s revenue from the design contract of the project is estimated to NOK
120-150 million. The first phase of the construction should be completed by
2032.

The construction budget for the terminal expansion at Geneva airport is
estimated to approximately CHF 600 million.

The award of the contract may be appealed by the parties whose project was not
selected.

For further queries, please contact:

Investors: Dag Fladby, CFO, IR@norconsult.com

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

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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 6,000 employees across more than 130 offices in Norway, Sweden,
Denmark, Iceland, Poland and Finland.