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Regulatory press release

Veidekke: To renovate PostNord's headquarters in Solna, Stockholm

Veidekke
Veidekke's subsidiary Arcona has been commissioned by Ursus Real Estate
Management AS to renovate 14,300 m[2] of office area currently leased by
PostNord in the Arken building in Solna. Work on the tenant adaptation project
started in December 2021 and is scheduled for completion by the end of 2022. The
collaborative design and build contract has a value of approx. SEK 117 million.

PostNord has signed a new lease agreement for their head offices in the building
with Arken's owners Ursus. The property will be converted into a multi-tenant
building, in which PostNord will occupy the top three floors, while the
remainder will be leased to other companies.

PostNord has occupied the Arken building since its completion in 2004.
Originally designed by BSK Arkitekter and built by Arcona, the spectacular and
modern, open and efficient building was nominated for the Swedish newbuild of
the year award for 2003. BSK is now contributing to the renovation of the
building, having designed future-proof, activity-oriented office premises with
an emphasis on creating safe post-corona work environments.

"This tenant adaptation is an exciting further development of an iconic
property. Awarding the contract to Arcona feels both safe and self-evident,
based on the project's high knowledge and competence requirements, and on
Arcona's flexibility and pragmatism in a very challenging construction
contracting environment," says Fredrik Kumlin, Chief Investment Officer at Ursus
Real Estate Management.

"It is extremely rewarding to help reshape the property we built two decades
ago. We involved our strategic suppliers at an early stage and have, through the
contract negotiations, been able to secure supplies with long lead-times," says
Peter Kihlman, Project Manager at Arcona.

The contract is included in the order book for the current quarter.

For more information, contact:
Charlotta Nilsén, konserndirektør Veidekke Bygg Sverige, tlf. +46 70-600 30 87

Veidekke 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 contractors. In addition to undertaking
all types of building and civil engineering assignments, the group also
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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