Sandvika, 18 September (OSE: NORCO): Norconsult Norge AS (Norconsult) has been
awarded an exclusive framework agreement with the Norwegian Defence Estates
Agency (Forsvarsbygg) covering project implementation of Flåteplan 2024,
Haakonsvern Naval Base located close to Bergen. Norconsult, along with its
subsidiary Nordic Office of Architecture, will collaborate with TYPSA, a
consulting and engineering services firm, on the project.

Forsvarsbygg is a government administrative agency under the Ministry of
Defence. The agency develops, builds, operates and divests real estate for the
defence sector.

"We are honored to have been awarded another framework agreement with
Forsvarsbygg, which grants the agency access to specialised expertise and
resources for managing complex tasks related to the important upgrade of
Haakonsvern in the coming years. Norconsult and Nordic Office of Architecture
are well-positioned to address the anticipated increase in activity within the
Norwegian defence sector. As a community builder, Norconsult has a clear
responsibility to contribute to the enhancement of Norway's defence
capabilities," states Egil Hogna, CEO of Norconsult.

It is estimated that the project will start during 2025 and continue until 2034.
The estimated value of the contract is NOK 200 million in addition to options
valued at approximately NOK 600 million.

The awarding of the contracts to Norconsult is subject to a standstill period
that expires on 29 September.

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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

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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 6,600 employees across more than 140 offices in Norway, Sweden,
Denmark, Iceland, Poland and Finland.