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NRC Group has completed the sale of the subsidiaries NRC Gravco and Septik Tank Co to Norva24

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Reference is made to the stock exchange announcement by NRC Group ASA ("NRC Group") on 12 January 2023, where it was announced that NRC Norge Holding AS, a wholly owned subsidiary of NRC Group, had entered into a share purchase agreement to sell 100% of the shares in its wholly owned subsidiaries NRC Gravco AS and Septik Tank Co AS (collectively the "Companies") to Norva24 AS, the Northern European market leader within underground infrastructure maintenance services (UIM).

NRC Group is pleased to announce that the transaction was completed today, 20 January 2023.

For further information, please contact Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

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