Construction contract (Works in the Defence Force’s Central Training Area)

AS Nordecon group company Tariston AS and Estonian Centre for Defence Investments signed a contract for the construction of the armoured manoeuvre shooting range and roads in the Defence Force’s Central Training Area in Harju County. The cost of the contract is 5.45 million euros plus value added tax. The works will be completed in twelve months.

Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Finland, Ukraine and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2022 was 323 million euros. Currently Nordecon Group employs close to 570 people. Since 18 May 2006 the company's shares have been quoted in the main list of the Nasdaq Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: andri.hobemagi@nordecon.com
www.nordecon.com