Veidekke: Rehabilitating for Avinor at Oslo Airport

Veidekke's subsidiary Seby AS has been commissioned by Avinor to renovate three
floors of the Flyporten office building at Oslo Airport Gardermoen. The
assignment is a turnkey contract worth approximately NOK 115 million excluding
VAT.

"We have had a successful interaction phase with Avinor where we have developed
the project together, and we are now looking forward to modernizing Flyporten so
that it meets today's and tomorrow's standards and needs for the users of the
building. We greatly appreciate the trust and the assignment," says CEO Bjørn
Ove Liavaag of Seby AS.

The Flyporten office building has been used for a long time, and aging and wear
and tear have led to the need for a significant upgrade with the replacement of
major technical installations including the ventilation system. In addition, the
premises will be rebuilt and adapted to today's working methods with an open
landscape designed for collaboration, communication and flexibility.

"Flyporten has served both us and our partners well for many years, and now the
building is getting the long-awaited upgrade it deserves. The rehabilitation is
an important part of our work to modernize and streamline our workplaces. We
look forward to moving back to premises that even better facilitate a
collaborative culture and the working methods of the future," says Airport
Director Thorgeir Landevaag.

The project includes the rehabilitation of the building's fourth, fifth and
sixth floors, totaling 5,200 m2. Today, each floor has space for approximately
70 employees, while after the rehabilitation, the premises will have space for
approximately 100 employees per floor.

Construction work has already started with completion planned for the third
quarter of 2026.

The contract is included in Veidekke's order book for Q3 2025.

For further information, please contact:

General Manager Bjørn Ove Liavaag of Seby, tel. +47 90 69 35 77, bjorn
-ove.liavaag@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
shares in the company. Veidekke is listed on the Oslo Stock Exchange and has
posted a profit every year since its inception in 1936.