Multiconsult

Jörgen Hasselström appointed acting Executive Vice President (EVP) Energy in Multiconsult ASA

Multiconsult ASA will, as off 22 January 2018, include the role of EVP Energy in

the corporate management team and Jörgen Hasselström will lead the Energy unit

until a permanent EVP is appointed.

Jörgen Hasselström joined Multiconsult in 2017 and has an extensive leadership

experience from the energy sector that includes various positions at ABB,

Fortum, and most recently, at Sweco. He is a Swedish citizen born in 1972 and

has a Doctorate degree in physics from Uppsala University, Sweden. While at

Sweco, he managed the largest power transmission consulting business in the

Nordics, including significant international activities.

- There is currently a major transformation of the energy sector. The

requirements for accessibility to renewable energy are increasing and the

European power systems are integrating. In developing countries, the

availability of secure and environmentally friendly energy is important in

fighting poverty and promoting increased equality. Multiconsult has valuable

expertise, which is highly demanded both regionally and internationally. I look

forward to further developing the Energy business at Multiconsult in line with

the ambitions, says Jörgen Hasselström.

- I welcome Jörgen to the corporate management team and look forward to working

together on growing and strengthening the Energy business in the Multiconsult

group, according to the 3-2-1 GO strategy, says the CEO of Multiconsult,

Christian Nørgaard Madsen.

The process of recruiting a permanent EVP Energy has started and Multiconsult

will publish an announcement when the process is completed.

For further information, please contact:

Investor relations:

Mirza Koristovic, Head of Investor Relations

Phone: +47 93 87 05 25

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

ABOUT MULTICONSULT

Multiconsult is a leading Norwegian multidisciplinary engineering consulting

company, with more than 2 800 employees and 45 offices in Norway and abroad. The

Company focuses on six business areas: Buildings & Properties, Transport,

Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has

an operating history that spans more than a century, with the inception of Norsk

Vandbygningskontor in 1908.

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