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Veidekke

Regulatory Filings Nov 16, 2022

3781_rns_2022-11-16_8f07acba-40cb-48aa-9970-73ab371af078.html

Regulatory Filings

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Veidekke: Creating a business area for green growth

Veidekke: Creating a business area for green growth

A newly established business area in Veidekke Infrastructure will explore,

manage and lead the implementation of new business opportunities within the

green shift. This initiative is led by Berit Laanke, Director of Sustainability

at Veidekke Infrastructure.

"Veidekke wants to take an even clearer role in the green shift. We are already

seeing many new business opportunities and we are also receiving external

inquiries that we have not had a natural place for in today's organisation. With

Berit leading the way, we will now be able to sort and prioritise opportunities

that will provide both increased sustainability and good profitability," says

Øivind Larsen, Executive Vice President of Veidekke Infrastructure.

The new business area has been named "Green Incubator" and was established with

effect from 1 November 2022. The term incubator is used about an organisation

that supports businesses that are trying to establish new commercial activity.

"We are receiving very many inquiries related to the green shift. Some fall

naturally into existing business areas, while others are not taken up because of

capacity or that they are perceived as distant from the core business. At the

same time, we see that there are many great opportunities that we will now be

able to immerse ourselves in," says Berit Laanke.

Veidekke Green Incubator is initially organised only with Berit Laanke as

manager. For specific projects, a dedicated project manager is engaged who

receives support from finance, legal and other relevant disciplines at Veidekke.

For further information, please contact:

Director of Sustainability Berit Laanke, tel +47 92 80 83 12,

[email protected]

Executive Vice President Øivind Larsen, tel. +47 90 58 23 51,

[email protected]

Communications Manager Helge Dieset, +47 90 55 33 22, [email protected]

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke is one of Scandinavia's largest construction companies. The company

undertakes all types of construction and civil engineering contracts, maintains

roads, and produces asphalt and aggregates. Veidekke emphasises stakeholder

involvement and local experience. Its annual turnover is approximately NOK 38

billion, and half of its 7,800 employees own shares in the company. Veidekke is

listed on the Oslo Stock Exchange and has posted a profit every year since its

inception in 1936.

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