Skanska signed a contract with the Norwegian Public Roads Administration on the construction of a new highway outside Oslo, Norway. The contract is worth NOK 2.9 billionin regards to 3.1 billion Swedish crownswhich will be included in the Nordic order intake for the second quarter of 2022.

The project includes the construction of 2.0 kilometers of six-lane motorway between Ramstadsletta and Strand, including 1.3 kilometers of the new Høviktunnel outside Oslo as well as changes to the surrounding local road system, including the construction of a new bridge and retaining walls.

In order to ensure sufficient protection from external environmental aspects throughout the project, Skanska will certify the works according to CEEQUAL, which is an internationally recognized certification standard for infrastructure.

The contract is part of the large E18 Western Corridor project, which consists of a new main road network between Lysaker in Bærum and Drengsrud in the municipality of Asker. The new E18 will replace one of the Norway-for-NOK-2-9-billion-about-SEK-3-1-billion-40257106/xmltag.org”>Norway the busiest road sections, characterized today by traffic problems, poor accessibility for public transport and significant noise and air pollution.

Construction will begin June 2022 and is expected to be completed in 2028.

For more information, please contact:

Audun Lågøyr, Executive Vice President Communications, Skanska Norway, tel +47 934 525 31

Andreas JoonPress officer, Skanska ABtel +46 (0)10 449 04 94

Media direct line, tel +46 (0)10 448 88 99

This version and previous versions are also available at www.skanska.com.

Skanska Group uses knowledge and foresight to shape the way people live, work and connect. Founded over 135 years, we are one of the world’s largest project development and construction companies, with total revenue in 2021 148 billion Swedish crowns. We operate in selected markets in the Nordic countries, Europe and UNITED STATES. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetimes.

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