Conversion of shares in Skanska AB

According to Skanska AB’s articles of association, holders of Series A shares are entitled to submit requests to the company for conversion of their shares to Series B shares. Conversion reduces the total number of votes in the company.

In conjunction with a conversion of shares, the company is obliged according to the Swedish Financial Instruments Trading Act (1991:980) to disclose information concerning the change.

During September 2021, 1,732 Series A shares were converted to Series B shares at the request of shareholders. Accordingly, the total number of votes in the company thereafter totals 596,972,402.

The total number of registered shares in the company amounts to 419,903,072, of which 19,674,370 are Series A shares and 400,228,702 are Series B shares.

This is information that Skanska AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the Senior Vice President Investor Relations set out below, at 07:30 am CET on September 30, 2021.

For further information please contact:

André Löfgren, Senior Vice President Investor Relations, Skanska AB, tel: +46 (0)10 448 13 63

Direct line for media, tel: +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA. Driven by the Group’s values, Skanska contributes to a better society by providing innovative and sustainable solutions. The Group has about 32,500 employees, and 2020 revenue totalled SEK 159 billion.