Multiconsult

Related Party Transaction • Dec 18, 2020

Multiconsult signs a call-off under the Fornebubanen frame agreement

Multiconsult signs a call-off under the Fornebubanen frame agreement

Multiconsult (Oslo: MULTI) has signed an extension of multiple call-offs under

the Fornebubanen frame agreement. The work starts in January 2021 and will last

for a period of 2 - 3 years. The value of the call-off is approximately NOK 250

million for Multiconsult.

Reference is made to the stock market announcement on 1 September 2017, where

Multiconsult announced a frame agreement award with Oslo kommune for

Fornebubanen.

Multiconsult, with 50 % in a joint venture with Cowi, provides engineering

services from pre-design until the completion of infrastructure, as well as any

subsequent work. In addition to the design of the entire subway line with

infrastructure, the contract includes design of workshop - and deposit-base

infrastructure, all subway stations, and the track-connection to Majorstuen hub.

For further information, please contact:

Investor relations:

Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer

Phone: +47 416 11 161

E-mail: ir@multiconsult.no