Veidekke

Mandatory notification of trade - Shares purchased by employees in 2021

In the period of 12-19 February, Veidekke completed it's share offering to the

employees. 2 522 employees subscribed 1 519 673 shares, resulting in an

oversubscription of 10.22 %. For years, Veidekke has worked to promote employee

co-ownership in the company, and this year's interest has been considerable.

7 644 employees of Veidekke received offers to purchase between 50 and 1 500

Veidekke shares each. 2 522 employees made use of the offer and subscribed a

total of 1 519 673 shares. As there was an oversubscription of 10.22 % a

reduction was done. After the reduction, the employees were permitted to

purchase between 50 and 1 347 shares each, and a total of 1 363 571 shares were

allocated to the employees.

The purchase price was set to NOK 87.96 per share, corresponding to the volume

-weighted average share price on the Oslo Stock Exchange in the subscription

period with a deduction for a discount of 20%. The shares are subject to a two

-year lock-in period.

The purchases of primary insiders, as well as new holdings, are attached to this

report.

Contacts:

Chief Financial Officer Jørgen Wiese Porsmyr, tel. +47 90 75 90 58, jorgen

Finance Consultant Camilla Nordvold, tel. +47 48 13 94 80,

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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