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Nordecon

Capital/Financing Update Aug 31, 2022

2221_iss_2022-08-31_5c8702f4-e9eb-49fd-b7e6-3e5c6f122e14.pdf

Capital/Financing Update

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Company Nordecon AS
Type Company Release
Category Other corporate action
Disclosure time 31 Aug 2022 09:00:00 +0300

Currency

Construction contract (Extension works of storage facilities) Title

Nordecon AS and Centre of Defence Investments entered into a contract for the design and construction of storage facilities extension in Harju County. The value of the contract is 17.7 million euros plus value added tax and the works will be completed by the end of 2023.

Nordecon (www.nordecon.com (http://www.nordecon.com)) 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, Finland, 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 2021 was 289 million euros. Currently Nordecon Group employs close to 670 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] (mailto:[email protected]) www.nordecon.com (http://www.nordecon.com)

Finantsinspektsioon http://www.fi.ee

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