Conversion of shares in Skanska AB

According to Skanska AB’s articles of association, holders of Class A shares are entitled to submit requests to the company for conversion of their shares to Class B shares. Such 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 May 2023, 765 Class A shares were converted to Class B shares at the request of shareholders. Accordingly, the total number of votes in the company thereafter totals 596,600,216.

The total number of registered shares in the company amounts to 419,903,072, of which 19,633,016 are Class A shares and 400,270,056 are Class 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 May 31, 2023.

For further information please contact:

Antonia Junelind, Senior Vice President Investor Relations, Skanska AB, tel: +46 (0)10 448 62 61

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

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

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2022 revenue totaling SEK 162 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.