Veidekke has been commissioned by OBOS Nordvest Utbygging AS to construct the
Vindgårdsvingen project with 43 specially adapted apartments at Moa in Ålesund.
The turnkey contract is worth NOK 116 million excluding VAT.

- We have had a good collaboration with OBOS on the development of the project
since 2023. Therefore, it is very pleasing that we can now finally start the
construction work, and we are grateful for the trust and for the assignment,
says District Manager Stig Mork in Veidekke Bygg Møre og Romsdal.

The Vindgårdsvingen project consists of a four-story apartment building with 43
two- and three-room apartments from 46 to 92 m2 plus underground parking. Those
who buy an apartment must have a decision on municipal health services from
Ålesund Municipality, such as a security alarm or home service. The apartments
are basically completely ordinary homes that you find in new OBOS projects. In
addition, they are equipped with practical solutions that help make everyday
life at home a little safer and easier.

Construction work will start in September with planned occupancy in the second
quarter of 2027. The contract will be included in Veidekke's order backlog for
the third quarter of 2025.

For further information, please contact:

District Manager Stig Mork, Veidekke Bygg, tel.+47 90 54 26 26,
stig.mork@veidekke.no

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

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Veidekke (http://www.veidekke.com/) 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. Its annual
turnover is approximately NOK 41 billion, and 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.