Significant framework agreement with The Norwegian Defence Estates Agency (Forsvarsbygg)

22 Oct 2024 15:00 CEST

Multiconsult (OSE: MULTI)
Multiconsult Norge AS and LINK Arkitektur AS, in partnership with Asplan Viak AS
and LPO arkitekter AS have been nominated for a prestigious framework agreement
for consulting and design services to the Norwegian Defence Estates Agency
(NDEA) (Forsvarsbygg).

This framework agreement includes multiple projects at several geographical
locations. The primary location will be Ramsund in Tjeldsund municipality.
Additional projects will be undertaken in Trondenes, Sortland and Haakonsvern.
The agreement is multidisciplinary and includes most of our engineering services
and architectural services. For Multiconsult Norge AS, this framework agreement
will be an addition to other framework agreements already in place with NDEA.

The projects to be carried out include rehabilitation of existing quays as well
as design of new quays. The tasks will also include the rehabilitation of
existing and new buildings across various categories, establishment of roads and
infrastructure, site development, mass handling, ground works, land reclamation
and other related activities.

The total value of the agreement is expected to be around NOK 450 million, where
NDEA expect that majority of the call offs will be made during the first four
(4) years of the agreement. The length of the agreement is set for a duration of
four (4) years, where the client has reserved the right to extend the agreement
on an annual base five times for a total of nine (9) years up to the year 2032,
and work under the first call-off will begin immediately.

"We are pleased to be nominated for this important and professionally
prestigious contract for Multiconsult and LINK arkitektur. This contract award
is a great recognition from Forsvarsbygg of our professional excellence and
commitment and that we, together with Asplan Viak and LPO arkitekter, can
further strengthen our good and reliable client relationship with Forsvarsbygg",
says CEO of Multiconsult ASA Grethe Bergly.

The nomination of the contract is subject to a standstill period (NO: karenstid)
which expires on 1 November 2024.

For further information, please contact:
Investor relations:
Ove B. Haupberg, CFO
Phone: +47 401 00 900
E-mail: oveb.haupberg@multiconsult.no

Media relations:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no

More information:
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