Press release (regulatory)

Skanska to design, construct and renovate aluminum processing facility in Southeast, USA , for USD 91 M, about SEK 810 M

Skanska has signed a contract to design and build an expansion to an existing aluminum processing facility in the Southeast, USA. Skanska will include the contract worth USD 91 M, about SEK 810 million, in the US order bookings for the third quarter of 2020.

The contract includes the design and construction of a 8,000-square-meter expansion, in addition to remodelling 1,900 square meters of existing plant space. The facility will utilize green technology and state-of-the-art equipment to significantly increase capacity and will be one of the most advanced aluminium processing facilities in the world.

Construction is expected to begin in the second quarter of 2021 and completion is targeted for 2023. PCI Skanska is leading the design.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 74 billion and about 7,900 employees in its operations in 2019.

For further information please contact:

Maritza E. Ferreira, Communications Director, Skanska USA, tel +1 (404) 946 75 21

Olof Rundgren, Media Relations Manager, Skanska AB +46 10 4486794

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

This and previous releases can also be found atwww.skanska.com.

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Jacob Birkeland

Head of Media Relations & Public Affairs

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Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager