NRC Group ASA - Exercise of contract option in Sweden - SEK 101 million

The Swedish Transport Administration has decided to exercise the contract
option for the maintenance contract between Hallsberg and Laxå, and Hallsberg
Railway yard.

The contract option is valued at approximately SEK 101 million, and will involve
rail services such as track, signal and electro. The contract option will
commence in September 2024 and is scheduled for completion in August 2026.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47
91 74 15 92.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act.

The stock exchange announcement was published by Siri McKellar Nilsen,
Administration, NRC Group ASA.