Multiconsult

Regulatory Filings • Oct 21, 2020

Multiconsult is awarded a new frame agreement from Statnett SF

Multiconsult is awarded a new frame agreement from Statnett SF

Multiconsult (Oslo: MULTI)

Statnett SF, the system operator in the Norwegian energy system, has awarded

Multiconsult the "Framework agreement for external technical engineering

substations". Estimated annual value for the agreement is more than NOK 100

million.

The framework agreement, with an effective start date in November 2020, has a

duration of two years with option of extensions periods for 1+1+1+1 years. The

agreement is granted to Multiconsult as one of two consultancy engineering

companies.

"The award of this framework agreement confirms Multiconsult's strong competence

and experience in multidisciplinary engineering of substations, and is a result

of our dedication and long-term work", says Tom Ødegaard, Vice President

Renewable Energy in Multiconsult.

For further information, please contact:

Investor relations:

Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer

Phone: +47 416 11 161

E-mail: ir@multiconsult.no

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

E-mail: gaute.christensen@multiconsult.no