Oxfor Eiendom and Veidekke Logistikkbygg have signed a contract for the
construction of a new administration building, warehouse, and production
facility for Norautron at Skoppum in Horten municipality. The contract is a
design-and-build delivery valued at NOK 290 million excluding VAT.

"Together with Oxfor Eiendom we have developed a well-considered and tailor-made
solution for Norautron AS. We see this as the beginning of a long and successful
partnership with Oxfor Eiendom on the development and construction of large
commercial buildings. We are very grateful for the trust they have placed in
us," says Roar Kristiansen, Managing Director of Veidekke Logistikkbygg.

The new facility at Skoppum will have a total area of approximately 17,000 m².
It is specially adapted for Norautron AS, a leading Norwegian electronics
manufacturer (EMS provider) delivering advanced electronic services and products
to industries such as maritime, defence, healthcare, and aerospace. The company
is currently located at Horten Industrial Park in a building constructed by
Veidekke around the year 2000.

"Through the prequalification and early-phase collaboration, Veidekke has
demonstrated strong expertise and competitiveness. This will be a fantastic
project to build," says Hans Petter Semlitsch, Project Director at Oxer Eiendom.
Oxfor Eiendom is a property company owned 50/50 by Oxer Eiendom and Format
Eiendom.

Construction is scheduled to begin during the spring, with completion planned
ahead of the summer holiday period in 2027.

The contract will be included in Veidekke's order book for the first quarter of
2026.

For further information, please contact:

Roar Kristiansen, Managing Director of Veidekke Logistikkbygg, tel +47 91 69 00
80, roar.kristiansen@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
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posted a profit every year since its inception in 1936.