NRC Group — M&A Activity 2020

Dec 14, 2020

NRC Group ASA - Appointed to a contract in Sweden - SEK 160 million

NRC Group ASA - Appointed to a contract in Sweden - SEK 160 million

The Swedish Transport Administration has appointed NRC Sverige AB, a company

wholly owned by NRC Group ASA, to a contract of signal renewal on Nässjö station

and Gamlarp station in Sweden.

The contract is valued at approximately SEK 160 million, and will involve rail

services such as signal /telecom, electro, track and groundwork.

The work will commence in March 2021 and is scheduled for completion in

September 2025. The main part of the project will be executed in 2021-2022 and

Closing date for submission of complaints is 10 days from today, and formal

contractual signing can take place after this period at the earliest.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47

91 74 15 92.

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.