Contract for public roads maintenance in Hiiu County

Nordecon Group company Tariston AS has entered into a contract with the Estonian
Transport Administration for the maintenance of national roads in the Hiiu
maintenance area for the period 2026-2031. The contract covers the year-round
maintenance of approximately 470 kilometres of national roads in Hiiu County.

The contractual value of maintenance works for the first year (1 October 2026 -
30 September 2027) is EUR 0.8 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 4.0 million, excluding value-added tax.

Nordecon                                                       (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=sdeRlqqV7vbaA5sbaMcDbyq3R21kGWy8Ejy6
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PQ==))  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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