Norconsult Capital Markets Day 2025

Sandvika, 5 November 2025 (OSE: NORCO): At the Capital Markets Day, Norconsult
reconfirms its ambition to become a top three player in the Nordics, and
reiterates its financial targets with an adjustment on leverage target to
exclude IFRS 16 commitments.

Presenters from Norconsult include Egil Hogna, President and CEO, Dag Fladby,
CFO, Bård Hernes, EVP Norway Head Office, Vegard Jacobsen, EVP Norway Regions,
Håkon Bergsodden, EVP Renewable Energy, Christian Salbu Aasland, SVP Investor
relations & business intelligence, Fredrik Holmberg, CFO Sweden, Fredrik
Haukeland, Associate Partner, Nordic Office of Architecture.

The Capital Markets Day will give insight into Norconsult's strategy and
business. Egil Hogna will open the event with key highlights since Norconsult's
IPO in November 2023. This will be followed by a brief market update, before the
EVPs of Norconsult's four largest business segments - Norway Head Office, Norway
Regions, Sweden, and Renewable Energy - provide business updates on key
operational topics. Dag Fladby will present the company's M&A strategy and
priorities together with an update on financial targets.

Financial targets going forward:

· Growth slightly above market
· Adjusted EBITA margin of 10%
· Net debt/adjusted EBITDA LTM excluding IFRS 16 leasing commitments less than
2.0
· Dividend distribution more than 50% of net income

Norconsult Capital Markets Day is being held today at Telegrafen, Kongens gate
21, 0157 Oslo, starting at 10:00 CET. The company will present its third quarter
results at 09:00 CET, prior to the event.

All participants are invited to attend in person. Advance registration is
required via the following
link: Registration (https://forms.office.com/pages/responsepage.aspx?id=k8olzk8A9
ESmtesitFgVqrYtAK9Pp%20YRPpkaVOaFnO6JURjM5SEVBS1JWTEdTMDM1MEZTQVFMRzNGMi4u&route=
shorturl)

This is an in-person event, but a recording of the presentation will be
published on investor.norconsult.com following the event.

For further information, please contact:

Investors: Christian Salbu Aasland, SVP Investor Relations & Business
Intelligence, IR@norconsult.com

Media: Henrik Charlesen, Senior Communication Advisor,
Henrik.Charlesen@norconsult.com

This information is considered to be inside information pursuant to the EUR
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
release was published by Elin Spieler, Head of Treasury and Investor Relations
Manager, Norconsult ASA at the date and time as set out above.

***

About Norconsult:

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining
engineering, architecture and digital expertise across projects of all sizes,
for private and public customers in infrastructure, energy and industry,
buildings and architecture. Headquartered in Sandvika, Norway, Norconsult's
delivery model is centred around knowledge hubs and local presence through
approximately 7 000 employees across more than 140 offices in Norway, Sweden,
Denmark, Iceland, Poland and Finland.