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Regulatory press release

AFG: Selected to build Sunndal helsetun

AF Gruppen
Betonmast Røsand, a subsidiary of AF Gruppen, has been selected to construct a
new health centre for Sunndal Municipality. The contract, which is a turnkey
project, has an expected value of around NOK 500 million, excluding VAT.

The project includes the demolition of the existing health centre, detailed
design, and construction of the new Sunndal helsetun. Execution will be divided
into two phases, and the facility will remain operational throughout the entire
construction period. The new health centre will comprise 80 institutional care
units and 32 new assisted-living homes.

"We greatly appreciate the trust placed in us with Betonmast Røsand being
selected to build the new Sunndal helsetun. High-quality, modern healthcare
buildings are vital for our local communities, and this project will provide
Sunndal with a forward-looking facility for both users and employees. Betonmast
has solid experience with similar projects, and we look forward to contributing
our expertise to ensure a safe and efficient delivery," says Peter Sandrup, CEO
of Betonmast.

Construction is expected to commence in the first quarter of 2026, after the
standstill period has ended. Building work is expected to begin in the second
quarter of 2026. Phase 1 is scheduled for completion in the fourth quarter of
2027, and Phase 2 in the second quarter of 2029.

For further information:
Peter Sandrup, CEO, Betonmast, tel. +47 915 88 645
Bård Frydenlund, EVP Sweden and Betonmast, AF Gruppen, tel. +47 918 68 621
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