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Clevon AS

Regulatory Filings • Sep 23, 2025

6126_rns_2025-09-23_ec7352a1-b5e4-48bd-ad48-3fec0846b1b7.html

Regulatory Filings

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Start of construction on Liven's Olemuse project

Liven Kodu 22 OÜ, a subsidiary of Liven AS ("Liven"), has signed a general
contracting agreement with NOBE OÜ to build new homes for the Olemuse project on
Kalda street in Nõmme, Tallinn. Construction work will begin next week, and by
the end of 2026, twelve 3-story buildings with a total of 72 new homes will be
completed.

The cost of the construction works is nearly 13 million euros, plus VAT. The
project, designed by the architects of Lumia OÜ, features 3- to 5-room homes,
all of which have their own balcony or terrace. As of today, 31% of the homes in
the Olemuse project (22 homes) have been sold or reserved. More information
about the project can be found on the website olemuse.liven.ee
(https://liven.ee/en/kodu/olemuse/story/).

Joonas Joost
Liven AS CFO
E-mail: [email protected] (mailto:[email protected])