Skanska’s Board of Directors proposes dividend

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The Board of Directors of Skanska has decided to propose dividend to shareholders of SEK 3.25 per share and has therefore decided to summon the shareholders to an Extraordinary General Meeting to be held on October 22, 2020. The notice to attend will be published separately.

On March 24, 2020, the Board of Directors announced that, due to the prevailing uncertainty caused by COVID-19, it had decided to withdraw the dividend proposal to the Annual General Meeting of SEK 6.25 per share. The Board of Directors also announced its ambition to convene an Extraordinary General Meeting in the autumn to decide on the dividend if the circumstances so permit. At the Annual General Meeting on March 26, 2020, it was resolved in accordance with the Board's proposal that no dividend be paid to the shareholders.

During the recent months, uncertainty has decreased, but there is still reason to be prudent. The Board of Directors has decided, after an overall assessment, to propose to an Extraordinary General Meeting to be held on October 22, 2020 to resolve upon a dividend of SEK 3.25 per share.

“Skanska remains strong financially and operationally, we therefore propose a dividend for our shareholders” says Hans Biörck, Chairman of the Board of Skanska.

For further information please contact:

André Löfgren, Senior Vice President Investor Relations, tel: +46 10 448 13 63

Jacob Birkeland, Head of Media Relations, Skanska AB tel: +46 10 449 31 34

Caroline Fellenius-Omnell, Executive Vice President, General Counsel, Skanska AB, tel: +46 010 449 29 23

Direct line for media, tel: +46 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 on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.

This is information that Skanska AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the Senior Vice President Investor Relations set out above, at 5:30 pm CET on September 23, 2020.