Construction contract (Estonian University of Life Sciences academic building)

AS Nordecon group company Embach Ehitus OÜ and the Estonian University of Life Sciences have entered into a contract for the design and reconstruction of blocks 3 and 5 of the academic building at Kreutzwaldi 56 in Tartu. The contract value is EUR 5.6 million, excluding VAT. The works are scheduled for completion in November 2027.

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, 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 2025 was 208 million euros. Currently Nordecon Group employs 450 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