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Regulatory press release

AFG: Nominated for construction of Knarvik wastewater treatment plant

AF Gruppen
Åsane Byggmesterforretning, a subsidiary of AF Gruppen, has been nominated by
Alver Municipality as the general contractor of the Knarvik wastewater treatment
plant. The contract is valued at NOK 166 million excluding VAT and will be
carried out as a general contract.

Alver Municipality in Vestland County is establishing a new treatment plant for
processing wastewater from Knarvik and surrounding areas. The facility will be
located at Kvassneset in Knarvik, close to Kvassnesstemma and the surrounding
recreational area. The contract includes the construction of the wastewater
treatment plant with a staff building, as well as construction works for a
wastewater pumping station and an access road to it.

"We are proud to have been nominated to carry out the Knarvik wastewater
treatment plant. The client's high environmental requirements, combined with the
project's architecture and site conditions, make this project professionally
very interesting for Åsane Byggmesterforretning. We look forward to start
working on the project and to develop the area with a socially beneficial
building in close collaboration with Alver Municipality," says Frank Ståløy,
Managing Director of Åsane Byggmesterforretning.

Construction is scheduled to start in the first quarter of 2026, with a total
construction period of 24 months from contract signing.


For further information:
Frank Ståløy, Managing Director, Åsane Byggmesterforretning, tel. +47 930 57 012
Tormod Solberg, EVP Building, AF Gruppen, tel. +47 950 59 495
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