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Regulatory press release

NRC Group ASA - Appointed to civil contract in Norway - NOK 294 million

NRC Group
Fornebubanen has appointed NRC Norge AS, a company wholly owned by NRC Group
ASA, for a contract to connect the Fornebu Line to the existing subway line from
Majorstua to Fornebu.

The contract is valued at approximately NOK 294 million for foundation and
groundwork, and will involve rail services such as electro, signal/telecom,
track construction. The work will commence in May 2024 and is scheduled for
completion in April 2026.

Closing date for submission of complaints is 10 days from today, and formal
contractual signing can take place after this period at the earliest.

For further information, please contact: Ole Gulsvik, CFO of NRC Group, + 47 99
56 85 20.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Charlotte Krog, Communication,
NRC Group ASA.
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