Nordecon

Legal Proceedings Report • Feb 12, 2025

Construction contract (Võru Kindergarten Punamütsike)

AS Nordecon group company Embach Ehitus OÜ and Võru City Government signed a
contract for the construction of Kindergarten Punamütsike located at Vilja 10,
Võru. The total value of the contract is 6.37 million euros without VAT and the
works will be completed in 14 months.

Nordecon (www.nordecon.com (http://www.nordecon.com)) is a group of construction
companies whose core business is construction project management and general
contracting in the buildings and infrastructures segment. Geographically the
Group operates in Estonia, Ukraine and Sweden. The parent of the Group is
Nordecon AS, a company registered and located in Tallinn, Estonia. The unaudited
consolidated revenue of the Group in 2024 was 224 million euros. Currently
Nordecon Group employs close 435 people. Since 18 May 2006 the company's shares
have been quoted in the main list of the Nasdaq Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)