AF Gruppen

Regulatory Filings • Dec 21, 2023

Extends high school in Oslo

Extends high school in Oslo

Referring to a stock exchange announcement dated January 4, 2023, where Betonmast, a company in AF Gruppen, signed a contract with Oslobygg KF for the expansion of Edvard Munch High School in Oslo.

The contract was agreed to be carried out as a collaborative enterprise in two phases, where the second phase was an option for the customer. Phase 2 (the execution phase) has now been signed, and the value of the turnkey contract is approximately NOK 620 million excluding VAT.

The project involves the expansion of Edvard Munch High School into the areas of the former Museum of Decorative Arts and Design. The project concerns rehabilitation and conversion of a total of 11,600 m2 GFA, of which 6,600 m2 GFA is in the former museum - a listed building from 1904. The expanded school is dimensioned for a total of 1,230 students.

Construction work has begun, and the project will be completed in the second quarter of 2026.

For further details, please contact:

Peter Sandrup, CEO of Betonmast, tel.: +47 915 88 645.

Bård Frydenlund, Executive Vice President, Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621