Multiconsult

Significant framework agreement with The Norwegian Defence Estates Agency (Forsvarsbygg)

Multiconsult (OSE: MULTI)

Multiconsult Norge AS and LINK Arkitektur AS, in partnership with Asplan Viak AS

and LPO arkitekter AS have been nominated for a prestigious framework agreement

for consulting and design services to the Norwegian Defence Estates Agency

(NDEA) (Forsvarsbygg).

This framework agreement includes multiple projects at several geographical

locations. The primary location will be Ramsund in Tjeldsund municipality.

Additional projects will be undertaken in Trondenes, Sortland and Haakonsvern.

The agreement is multidisciplinary and includes most of our engineering services

and architectural services. For Multiconsult Norge AS, this framework agreement

will be an addition to other framework agreements already in place with NDEA.

The projects to be carried out include rehabilitation of existing quays as well

as design of new quays. The tasks will also include the rehabilitation of

existing and new buildings across various categories, establishment of roads and

infrastructure, site development, mass handling, ground works, land reclamation

and other related activities.

The total value of the agreement is expected to be around NOK 450 million, where

NDEA expect that majority of the call offs will be made during the first four

(4) years of the agreement. The length of the agreement is set for a duration of

four (4) years, where the client has reserved the right to extend the agreement

on an annual base five times for a total of nine (9) years up to the year 2032,

and work under the first call-off will begin immediately.

"We are pleased to be nominated for this important and professionally

prestigious contract for Multiconsult and LINK arkitektur. This contract award

is a great recognition from Forsvarsbygg of our professional excellence and

commitment and that we, together with Asplan Viak and LPO arkitekter, can

further strengthen our good and reliable client relationship with Forsvarsbygg",

says CEO of Multiconsult ASA Grethe Bergly.

The nomination of the contract is subject to a standstill period (NO: karenstid)

which expires on 1 November 2024.

For further information, please contact:

Investor relations:

Ove B. Haupberg, CFO

Phone: +47 401 00 900

Media relations:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

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