Contract for public roads maintenance in Lääne County

Nordecon Group company Tariston AS has entered into a contract with the Estonian
Transport Administration for the maintenance of national roads in the Lääne
maintenance area for the period 2026-2031. The contract covers the year-round
maintenance of approximately 800 kilometres of national roads in Lääne County.

The contractual value of maintenance works for the first year (1 October 2026 -
30 September 2027) is EUR 1.57 million, excluding value-added tax. The value of
works for subsequent years will be determined based on the cost of routine
maintenance works performed in the previous year, adjusted by the consumer price
index published by Statistics Estonia.

Based on 2026 prices, the total estimated value of the contract is approximately
EUR 7.9 million, excluding value-added tax.

Nordecon                                                       (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=nEEsQsY6tVlbJpL7aDaCDxBwufZlT4PpkGKw
VaO8B3wJJTXONIM5IgvkTR1wt16QgasoO5sFEsIXQTeRYZvKwdRtZVkjxARRw-n47mR9W1c=))  is a
group  of  construction  companies  whose  core business is construction project
management and general contracting in the buildings and infrastructures segment.
Geographically  the Group operates in Estonia, Ukraine and Sweden. The parent of
the  Group is Nordecon AS, a company registered and located in Tallinn, Estonia.
The  consolidated revenue of the Group  in 2025 was 208 million euros. Currently
Nordecon  Group employs close 430 people. Since 18 May 2006 the company's shares
have been quoted in the main list of the Nasdaq Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail:                                              [email protected]
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lS6W3gRzsiOXtgVMsxyNPXXOnSXXAJk_k8eePSGNp-MTf-604Zg)
www.nordecon.com
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