Q-Free ASA — M&A Activity 2022

Jun 24, 2022

Q-Free: Tolling contract in Chile - 45 MNOK

Q-Free: Tolling contract in Chile - 45 MNOK

Q-Free has been awarded a new tolling contract in Chile. The client is the

concessionaire of the San Antonio - Santiago highway, which belongs to Sacyr

Concessions.

The contract has a value of approximately 45 MNOK and comprises a MLFF roadside

solution as well as service and maintenance for 5 years. Most of the revenues

will be recognized in 2023.

For further information, please contact:

Håkon Volldal, President & CEO: +47 977 19 973

Trond Christensen: CFO, +47 481 02 754

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation article 7 and is subject to the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock

exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q

-Free ASA, on 24 June 2022 at 08:30 CET.

About Q-Free:

Q-Free ASA (OSE: QFR) is a global innovator in intelligent transportation

systems that improve traffic flow, road safety, and air quality. With an open,

collaborative approach to tolling, traffic and active transportation management,

Q-Free works with customers and partners on every continent to digitize

infrastructure and overcome modern mobility challenges for the greater good of

society. Headquartered in Trondheim, Norway, Q-Free has annual revenues of

approximately 900 million NOK (100 MUSD) and employs approximately 350

transportation innovators, experts, and enthusiasts. To learn more about how Q

-Free is "changing the movements of life", visit www.q-free.com or Twitter:@Q

-FreeASA