Multiconsult

Report Publication Announcement • May 15, 2020

Multiconsult: Change in reporting segment structure 2020

Multiconsult: Change in reporting segment structure 2020

Multiconsult has made changes to the Group's segment reporting,

Multiconsult's reporting segments has historically been presented as four

segments. As from 2020 Multiconsult's reporting segments will be five segments:

Region Oslo, Region Norway, Energy, LINK arkitektur and International.

Region Oslo: This segment offers services in seven business areas and comprises

the Oslo region, in addition the segment includes Multiconsult's internal

segment Large Projects in Norway.

Region Norway: This segment offers services in seven business areas and

comprises all offices outside Oslo with presence in all larger cities in Norway

and several other locations, a total of 23 offices.

Energy: The segment Energy is represented in Multiconsult's offices in Oslo and

Trondheim together with the subsidiary Multiconsult UK. The segment offers

national and international services in the business area Renewable Energy with

minor activity in Water & Environment.

LINK arkitektur: This segment comprises LINK arkitektur with its 15 offices in

Norway, Sweden and Denmark.

International: This segment comprises the subsidiaries Multiconsult Polska and

Iterio AB.

When presenting the financial reports from 2020, the comparison to same period

in 2019 will be made on the new structure and presented as restated. To ensure

comparability between periods, a given percentage of revenue and cost reported

in 2019 as "not allocated" is distributed to the new segments according to the

same principles applied to allocation from 2020.

Restated figures for 2019 is attached reflecting the changes.

For further information, please contact:

Investor relations:

Hans-Jørgen Wibstad, CFO

Phone: +47 916 89 661

E-mail: hans-jorgen.wibstad@multiconsult.no

Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer

Phone: +47 416 11 161

E-mail: ir@multiconsult.no

ABOUT MULTICONSULT ASA

Multiconsult is a leading Norwegian multidisciplinary engineering consulting

company, with aprox. 3 000 employees and 45 offices in Norway and abroad. The

Company focuses on seven market areas: Buildings & Properties, Transport &

Infrastructure, Energy, Oil & Gas, Industry, Environment & Natural resources and

Architecture. The Company has an operating history that spans more than a

century, with the inception of Norsk Vandbygningskontor in 1908. In 2015

Multiconsult completed more than 9 000 projects for approx. 4 000 different

customers.

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

-12 of the Norwegian Securities Trading Act.