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Regulatory press release

AFG: Nominated to build Diakonhjemmet Campus

AF Gruppen
Diakonhjemmet Foundation has nominated AF Gruppen as the contractor for the
Diakonhjemmet Campus project in Oslo. The contract will be a turnkey contract
with a value of approximately NOK 1,400 million excluding VAT.

The agreement includes the design and construction of Diakonhjemmet Campus,
including the construction of a new high school for health and social care, VID
University College, and a shared basement for the two schools, including a large
multi-purpose hall. The project also includes a platform for a new metro
station, external technical infrastructure, and the demolition of the north wing
of Diakonhjemmet 14. The school buildings and basement have a total gross area
of approximately 26,000 m².

The project has very high environmental ambitions and high complexity with
construction within the hospital area, and the work on the new platform for
Sporveien.

Detailed planning starts in January 2025, and construction is scheduled to begin
in May 2025. Diakonhjemmet Campus is expected to be fully completed in November
2028.

The final order for construction will be placed after the lease agreement for
the new high school is approved by the Oslo municipality and after a waiting
period that ends on 10.11.2025.

"We are proud to have been selected to carry out the Diakonhjemmet Campus. We
look forward to collaborating with the client to build a campus for the future,"
says Amund Tøftum, CEO of AF Gruppen.


For further details, please contact:

CEO AF Gruppen: Amund Tøftum, tel. +47 920 26 712
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