Norconsult — Director's Dealing 2026

Jun 2, 2026

Norconsult: Employee Share Programs 2026

Norconsult: Employee Share Programs 2026

Sandvika, 2 June 2026(OSE: NORCO): In connection with Norconsult ASA's (the

Company) Employee Share Programs for 2026, 4 060 employees, equal to 60% of

eligible employees, purchased a total of 2 713 357 shares. The share programs

were oversubscribed, hence the allocation of shares was reduced in order to meet

the previously communicated cost frame for the program. The share programs

include a program for discounted shares and matching shares, as well as programs

for executive management and other key employees.

For discounted shares, the purchase price is equal to the volume-weighted

average share price for the Company's shares on the Oslo Stock Exchange during

the last nine trading days prior to the last day of the subscription period, 1

June 2026, with a discount of 20%.

For matching shares, the purchase price is equal to the volume-weighted average

share price for the Company's shares on the Oslo Stock Exchange during the last

nine trading days prior to the last day of the subscription period, 1 June 2026.

Employees participating in the matching share program will receive one matching

share for each share purchased, provided they remain employed with the Company

and holds their shares through the specified vesting period. Employees receive

4/10 shares after three years and 6/10 shares after five years. The matching

share program for executive management and other key employees are subject to a

two-year lock-up period with a 20% discount on the purchasing price.

A total of 3 824 participants purchased 1 606 986 shares at a price of NOK 28.69

per share.

A total of 2 876 participants purchased 1 106 371 shares at a price of NOK 35.87

per share.

The following primary insiders (PDMR) have been allocated the following number

of shares on 1 June 2026 and received the following number of potential matching

shares:

Egil Hogna, President and CEO, purchased 18 586 shares and has been allocated 9

090 matching shares. After the transaction, Egil Hogna and his close associates

hold 1 208 198 shares in the Company.

Dag Fladby, CFO, purchased 7 966 shares and has been allocated 3 870 matching

shares. After the transaction, Dag Fladby and his close associates hold 229 024

shares in the Company.

Bård Sverre Hernes, EVP Norway Head Office, purchased 7 573 shares and has been

allocated 3 627 matching shares. After the transaction, Bård Sverre Hernes and

his close associates hold 1 359 603 shares in the Company.

Farah Al-Aieshy, EVP Sweden, purchased 6 788 shares and has been allocated 3 078

matching shares. After the transaction, Farah Al-Aieshy and her close associates

hold 183 649 shares in the Company.

Hege Njå Bjørkmann, EVP Communication and Corporate Affairs, purchased 4 989

shares and has been allocated 2 407 matching shares. After the transaction, Hege

Njå Bjørkmann and her close associates hold 154 718 shares in the Company.

Kathrine Duun Moen, EVP Technogarden, purchased 1 942 shares and has been

allocated 1 942 matching shares. After the transaction, Kathrine Duun Moen and

her close associates hold 115 935 shares in the Company.

Vegard Jacobsen, EVP Norway Regions, purchased 6 894 shares and has been

allocated 3 393 matching shares. After the transaction, Vegard Jacobsen and his

close associates hold 403 292 shares in the Company.

Håkon Bergsodden, EVP Renewable Energy, purchased 6 004 shares and has been

allocated 2 896 matching shares. After the transaction, Håkon Bergsodden and his

close associates hold 65 563 shares in the Company.

Jes Hansen, EVP Denmark, purchased 836 shares and has been allocated 418

matching shares. After the transaction, Jes Hansen and his close associates hold

836 shares in the Company.

Marisa Ruiz Retamar, EVP Human Resources, purchased 5 310 shares and has been

allocated 2 544 matching shares. After the transaction, Marisa Ruiz Retamar and

her close associates hold 75 413shares in the Company.

Helge Hesjedal Wiberg, board member, purchased 418. After the transaction, Helge

Hesjedal Wiberg and his close associates hold 43 852 shares in the Company.

Lars-Petter Nesvåg, board member, purchased 836 shares and has been allocated

418 matching shares. After the transaction, Lars-Petter Nesvåg and his close

associates hold 672 662 shares in the Company.

Sandra Kuru, board member, purchased 836 shares and has been allocated 418

matching shares. After the transaction, Sandra Kuru and her close associates

hold 12 578 shares in the Company.

Sarah Olsson, board member, purchased 139 shares. After the transaction, Sarah

Olsson and her close associates hold 11 258 shares in the Company.

Oskar Hove Zimmer, board member, purchased 836 shares and has been allocated 418

matching shares. After the transaction, Oskar Hove Zimmer holds 5 905 shares in

the Company.

Rasmus Feddersen, deputy board member, purchased 418 shares. After the

transaction, Rasmus Feddersen and his close associates hold 677 shares in the

Company

Åsulv Reppesgård, deputy board member, purchased 836 shares and has been

allocated 418 matching shares. After the transaction, Åsulv Reppesgård and his

close associates hold 5 996 shares in the Company.

Sverre Hødnebø, general counsel, purchased 418 shares. After the transaction,

Sverre Hødnebø and his close associates hold 6 729 shares in the Company.

Sylvia Teige, director group finance, purchased 2 272 shares and has been

allocated 1 854 matching shares. After the transaction, Sylvia Teige and her

close associates hold 188 550 shares in the Company.

The shares were acquired from Norconsult's holding of own shares. After the

transactions the company holds 4 660 134 shares.

See details about the transactions for the primary insiders and their close

associates reported to Finanstilsynet enclosed.

For further information, please contact:

Investors: Christian Salbu Aasland, SVP Investor Relations & Business

Intelligence, IR@norconsult.com

Media: Henrik Charlesen, Senior Communication Advisor,

Henrik.Charlesen@norconsult.com

This information is subject to the disclosure requirements in the Market Abuse

Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act.

***

About Norconsult

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining

engineering, architecture and digital expertise across projects of all sizes,

for private and public customers in infrastructure, energy and industry,

buildings and architecture. Headquartered in Sandvika, Norway, Norconsult's

delivery model is centred around knowledge hubs and local presence through

approximately 7,200 employees across more than 140 offices in Norway, Sweden,

Denmark, Iceland, Poland and Finland.