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Regulatory press release

AFG: Refurbishing Asker Town Hall

AF Gruppen
AF Gruppen has been awarded a collaborative contract by Asker Municipal Pension
Fund for the refurbishment of Asker Town Hall.

The project involves a comprehensive refurbishment of the town hall, including
façade restoration, technical upgrades, and adaptations to meet modern standards
and functionality. Strong emphasis is placed on environmental and sustainability
considerations, with solutions aimed at reducing the climate footprint and
ensuring energy-efficient operations.

The project has a budget of NOK 145 million excluding VAT. The collaboration
phase will begin once the contract is signed, leading to execution in 2026 and
successful completion in 2027.

"Asker Town Hall is an important landmark in the municipality, and we look
forward to a productive collaboration with Asker Municipality. Our experience
with complex refurbishment projects provides a solid foundation for delivering a
modern, sustainable, and functional town hall for the future," says Eirik Wraal,
EVP of AF Gruppen.

For further information:
EVP Building, Energy and Environment: Eirik Wraal, tel. +47 905 73 975
CEO of AF Gruppen: Amund Tøftum, tel. +47 920 26 712
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