NRC Group ASA - Exercise of major contract two-year option in Finland - EUR 50-80 million

03 Oct 2025 10:15 CEST

Finnish Transportation Infrastructure Agency has appointed NRC Group Finland, a
company wholly owned by NRC Group ASA, to exercise a two-year option of the
frame contract for procurement, logistics and warehousing of railway specific
materials in Finland.

The estimated value of the contract is between EUR 50 and 80 million. The work
is scheduled to commence in January 2027 and be completed by December 2028,
representing the first two-year option period under the original material
service contract signed in 2021. Additional two-year option period from
2029-2030 remains.

This is an important milestone for our Material division in Finland. The
successful exercise of the two-year option is a testament to the team's
consistent performance and ability to deliver value for our client. We are proud
of the win and fully committed to delivering excellent service going forward,
says Anders Gustafsson, CEO NRC Group ASA.

For further information, please contact: Åsgeir Nord, CFO of NRC Group, + 47 957
34 985.

This information is considered to be inside information pursuant to the
EU Market Abuse Regulation, 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 Charlotte Krog, Communication,
NRC Group ASA.

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