Eiffage S.A.

Regulatory Filings • Nov 23, 2023

Vélizy-Villacoublay, 23 November 2023 17:40

Press release

Eiffage secures the construction contract for the new section of the E18-E39 motorway in Kristiansand, Norway in a deal worth over €234 million¹

Eiffage, through its subsidiary Eiffage Génie Civil, has secured the design-build contract from Statens Vegvesen, a company owned by the Norwegian Ministry of Transport, for a new section of the E18-E39 urban motorway. Located in Kristiansand, the new section links Gartnerløkka and Kolsdalen, in a deal worth over €234 million¹ (2,755 million Norwegian krone² ).

The aim of the project is to increase capacity on the main artery into the city centre and port facilities of the country's sixth-largest city. This involves building a 1.4-kilometre stretch of bidirectional two-lane motorway in a dense urban environment, which includes creating 12 engineering structures, reconstructing 1.5 kilometres of railway lines, redeveloping the existing ferry terminal, and installing electrical and traffic engineering equipment.

The project is targeting the BREEAM "Excellent" Label, and the Norwegian government has designated it a "low-carbon energy pilot". Eiffage has drawn on the expertise and innovative solutions from several of its Group companies. For example, Eiffage Route's ultra-highperformance GB5® asphalt will be used for the carriageways, with Biophalt® asphalt incorporating biosourced binder used for the cycleways and pavements.

Organised in four phases, the works will begin after a year of studies and continue with no interruption to road, rail and cycle traffic and continued access to marine infrastructure. Handover is scheduled for mid-2029.

This new contract for Eiffage Génie Civil strengthens the Group's position in Norway, where it is currently working on the design and construction of works packages 1, 2 and 3 of the E18 motorway section between Langangen and Rugtvedt on behalf of Nye Veier, which is owned by the Norwegian Ministry of Transport.

¹ Exchange rate of 11.74 NOK to 1 EUR on 23 November 2023.

² Based on contract signed Q2 2023.

About Eiffage

Eiffage is one of Europe's leading construction and concessions companies. The Group's activities are organised around the following business lines: construction, real estate and urban development, civil engineering, metal, roads, energy and concessions. Thanks to the experience of more than 76,300 employees, Eiffage generated revenue of €20.3 billion in 2022, of which 30% was outside France.

About Eiffage Génie Civil

Eiffage Génie Civil actively specialises in all aspects of civil engineering. Its teams are involved in numerous projects in France and other countries, from design through to construction, repair and maintenance, as well as demolition.

Press contact

Marguerite Richebé Tel: +33 1 71 59 51 02 marguerite.richebe@eiffage.com