Veidekke: Mandatory notification of trade - Shares purchased by Key employees in 2022

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A total of 600 participants in the Company's share programme for key employees have on November 18th 2022 subscribed for 747 111 shares.

The purchase price is equal to the volume-weighted average share price on the Oslo Stock Exchange in the subscription period, with a deduction for a discount. Discount for Swedish employees is 25 % which gives a purchase price of 67.64 NOK per share. For the Norwegian and the Danish employee`s the discount is 20%, which gives a purchase price of 72.14 NOK per share.

The shares are subject to a three-year lock-in period.

A total of 535 participants purchased 669 311 shares at NOK 72.14 per share.
A total of 65 participants purchased 77 800 shares at a price of NOK 67.64.

The following primary insider has purchased shares:

Terje Larsen has purchased 1 200 shares at NOK 72.14 per share.
Øivind Larsen has purchased 5 000 shares at NOK 72.14 per share.
Torben Bjørk Nielsen has purchased 5 000 shares at NOK 72.14 per share.
Kristina Andreasson has purchased 5 000 shares at NOK 67.64 per share.
Clas Marcus Nilsson has purchased 5 000 shares at NOK 67.64 per share.

Contacts: Chief Financial Officer Jørgen Wiese Porsmyr, tel. +47 90 75 90 58,
jorgen-wiese.porsmyr@veidekke.no

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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