For Bolig Norge and Backe Prosjekt, Veidekke will build 50 apartments across
three residential buildings with a shared underground parking facility. The
design & build contract at Langhus, south in Follo, has a value of NOK 186
million excluding VAT.

"We are very grateful for the assignment. Together we have developed strong
solutions that will provide attractive homes with a high standard of living
quality. Linåskollen is a new residential area that will be developed in several
stages. Veidekke will begin by establishing the infrastructure for the area and
constructing the first three apartment buildings with an associated parking
basement," says Ketil Gunde Andersen, District Manager at Veidekke Bygg Østfold
Follo.

The project offers a wide variety of apartment sizes and layouts, tailored to
people of all ages and life stages. The homes are space-efficient and range from
two-, three- and four-room units from 35 m² to 127 m². Upon completion, the
residential area is planned to include approximately 190 homes across apartment
buildings and townhouses. The apartment buildings will be surrounded by outdoor
areas designed for both children and adults, including shared playground and
recreational spaces that tie the neighbourhood together.

Construction has already begun, with planned completion towards the end of 2027.

The assignment is included in Veidekke's order backlog for the first quarter of
2026.

For further information, please contact:

District Manager Ketil Gunde Andersen i Veidekke, tel. +47 90 79 15 60,
[email protected]

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

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Veidekke (http://www.veidekke.com/) 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 41 billion, and half of its 8,000 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.