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Veidekke

Regulatory Filings Nov 12, 2024

3781_rns_2024-11-12_f9438246-c525-4169-8f11-c2ffd92847c5.html

Regulatory Filings

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Veidekke ASA: To build a new preschool in Tyresö, Sweden

Veidekke ASA: To build a new preschool in Tyresö, Sweden

Veidekke has been contracted by Tyresö municipality, near Stockholm, to build a

new preschool in Bollmora which will accommodate 160 children. The contract

value is approximately SEK 125 million.

Central Tyresö requires more permanent preschool capacity under municipal

auspices, and the municipality has tasked Veidekke with building a new preschool

adjacent to Bergfotens school.

"Tyresö is constantlig developing. In building for our community, we aim to

promote the Tyresö values and think sustainably, humanely, green and blue. With

this in mind, we look forward to starting the construction of Bergfotens

preschool together with Veidekke. This will provide the children of central

Tyresö residents with preschool services close to home," says Louise Bergman,

who heads Tyresö municipality's department for strategy and projects.

The execution contract includes construction of the preschool with school yard

and adjacent outdoor areas. The preschool will be built in accordance with the

municipality's pre-prepared preschool concept, which is designed to facilitate

modern teaching methods with a focus on smaller groups. The two-floor L-shaped

school building will comprise crosslaminated wood framework, erected on a

concrete slab.

"We look forward to working closely with the municipality to build an

outstanding preschool for Tyresö's smallest citizens. Our team are experienced

school builders and understand the importance of taking into account all who are

out and about in the area during construction, especially pupils at the school

next door. Naturally, our highest priority is safety around the construction

site," says Linus Wåhlin at Veidekke.

Veidekke is currently working with the municipality to prepare the start of

construction and draw up a timeline for the project. Construction is currently

scheduled to start this month, with project completion set for November 2026.

The contract is included in the Q4 2024 order book.

For more information, contact:

Jørgen Wiese Porsmyr, CFO Veidekke ASA, ph. +47 907 59 058

Veidekke press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke 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 43 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.

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