Veidekke has been commissioned by AF Gruppen to produce and lay asphalt at the
new Mo i Rana Airport that is under construction. The contract is valued at just
above NOK 160 million excluding VAT over three years.

"We are proud to have won the year's third contract for the production and
laying of asphalt, now for AF Gruppen and its client Avinor. We will pave the
airside with runways, taxiways and aprons, in addition to the land side with
parking lots and roads. And the asphalt is local from our factory in Mo i Rana.
We really appreciate the assignment and the confidence shown in us," says Martin
Holmqvist, director of Veidekke Asfalt.

In June 2023, AF Gruppen was commissioned to build the new airport including all
groundworks, runway construction, technical infrastructure, terminal buildings
and operations buildings. Necessary infrastructure such as roads, pavements and
cycle paths and water and wastewater facilities for the airport are also
included in the contract.

The asphalt contract extends for three years. Startup is in the autumn, while
the largest volumes will be laid in 2025 and somewhat less in 2026. Read more
about the new airport here (https://avinor.no/ny-flyplass-mo-i-rana/).

With this contract, Veidekke has received asphalt assignments worth NOK 2.5
billion excl. VAT so far this year. About half a billion of these orders will be
executed in 2025.

For further information, please contact:
Director Martin Holmqvist of Veidekke Asfalt, tel. +47 92 67 12 63,
martin.holmqvist@veidekke.no

Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,
helge.dieset@veidekke.no

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028
-Pressebilder-Veidekke/)

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Veidekke (http://www.veidekke.no) is one of Scandinavia's largest contractors.
In addition to undertaking all types of building and civil engineering
assignments, the group also maintains roads and produces asphalt and aggregates.
Veidekke emphasises stakeholder involvement and local experience. Annual
turnover is approx. NOK 43 billion, and almost half of its 8,000 employees own
shares in the company. Veidekke is listed on the Oslo Stock Exchange and has
posted a profit every year since its inception in 1936.