Veidekke's Swedish subsidiary Arcona has been commissioned to carry out a
comprehensive renovation of Sweco's offices at Trängkåren 6 in Stockholm's
Tidningskvarteren area. The project comprises approximately 20,000 square meters
and is being carried out in collaboration with the client Areim and tenant
Sweco. The contract volume is approx. SEK 350 million, and work is expected to
be completed in 2026.

The renovation sets out to meet changes in Sweco's requirements and involves
modernisation and future-proofing with an emphasis on sustainability and
technology. The building, which is currently certified to the standard BREEAM IN
USE Very Good, will be prepared for recertification following the project's
completion. During the renovation, Sweco will remain in adjacent and nearby
premises. Other ground-level businesses, such as shops and restaurants, will
operate as usual while the project is ongoing.

"We are excited to be able to develop these premises together with the client
and their tenant, who share a great interest in technology and a strong focus on
sustainability. We look forward to combining our sustainability, reuse and
technology expertise to create a modern and long-term sustainable working
environment. Doing this in collaboration with partners who share our commitment
to the task, makes the project extra inspiring," says Cecilia Lundberg, Business
Manager Arcona.

"The new premises are an important contribution to Sweco's ambition of being an
attractive and engaging workplace as well as to Areim's development of
Tidningskvarteren. With their strong focus on sustainable solutions, Arcona has
been a vital partner in the collaboration to create the right preconditions for
Sweco's new offices. A clear common thread running through the entire project,
from the initial discussions through the design phase to implementation, has
boosted confidence in the process and its results," says Jerker Victor, Head of
Asset Management Sweden at Areim.

The contract is included in the Q1 order book.

For more information, contact:
Jørgen Wiese Porsmyr, CFO Veidekke ASA, ph. +47 907 59 058

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