Sentia awarded collaboration contract for the development of Basement 2 (K212) in the Government Quarter

HENT, a subsidiary of Sentia, has today signed a collaboration agreement with Statsbygg for the development of K212: Basement 2, in the Government Quarter in Oslo. The project will be carried out as a collaborative contract in close cooperation with Statsbygg.

Basement 2 is located between the A-block, Ring 1 and Møllergata, and will be constructed as an extension of the basement from construction phase 1.

Collaboration Phase 1 (project development) will commence around the turn of April/May this year and continue until a final agreement for construction is concluded. Construction is scheduled to start in January 2027, with completion of Basement 2 planned for 2030.

In addition to Basement 2, the agreement includes an option for one of the potential buildings in the third construction phase - the E-block (11,700 sqm).

-We are proud to once again be part of a major project in the Government Quarter. This project is of great societal importance, and we look forward to continuing our strong collaboration with Statsbygg, says Jan Jahren, CEO of Sentia.

For more information, contact:

Sverre Hærem EVP & CFO Sentia ASA +47 952 45 167 | sh@sentiagruppen.com

Iven Opsahl Jebsen EVP & CCO Sentia ASA +47 901 54 838 | ij@sentiagruppen.com