Veidekke

Share Issue/Capital Change • Aug 25, 2020

Exercise of employee share options in Veidekke ASA

Exercise of employee share options in Veidekke ASA

A total of 181 participants in the Company's share option programme, approved by

the Company's Annual General Meeting, have on August 24th 2020 exercised a total

of 44 680 options at a strike price of NOK 86.05. Following the exercise, the

employees will purchase 44 680 shares from Stiftelsen Veidekkeansattes aksjekjøp

(the Veidekke Employee Share Trust).  These shares will be transferred from the

Trust beginning of September 2020. The Trust holds after the transaction 193 105

shares.

No options have been exercised by primary insiders.

Shares acquired through the programme have a sales restriction on one year after

exercise date.

For further information, please contact: Jørgen Wiese Porsmyr, CFO, +47 907

59 058, jorgen-wiese.porsmyr@veidekke.no