Norconsult - Closing of acquisition of Metier Group AS

Sandvika, 17 December 2025 (OSE: NORCO): Reference is made to the stock exchange announcement dated 5 November 2025 regarding Norconsult ASA’s ("Norconsult") agreement to acquire Metier Group AS (“Metier”). The acquisition has been successfully completed today, following satisfaction of all closing conditions, including regulatory approvals.

The acquisition has been completed based on an Enterprise Value of NOK 480 million, on a cash-free, debt-free basis, with a normalised level of working capital. The final payment for the shares is NOK 475 million.

For further information, please contact:

Investors: Christian Aasland, SVP IR and Business Intelligence, IR@norconsult.com
Media: Henrik Charlesen, Senior Communication Advisor, Henrik.Charlesen@norconsult.com

This information is published in accordance with the requirements of the Continuing Obligations and is subject the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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About Norconsult

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public customers in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika, Norway, Norconsult's delivery model is centered around knowledge hubs and local presence through approximately 7,000 employees across more than 140 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland.