The Board of Directors has resolved to exercise the authorization given by the Annual General Meeting to acquire own Class B shares on Nasdaq Stockholm to secure delivery of shares to participants in the Skanska employee ownership program Seop 6.

At the statutory board meeting on March 27, 2024, the Board of Directors resolved to exercise the authorization given by the Annual General Meeting 2024 to acquire own Class B shares on the following terms and conditions to secure delivery of shares to participants in the Skanska employee ownership program for the financial years 2023, 2024 and 2025 resolved by the Annual General Meeting 2022 (Seop 6). Acquisitions may be made on one or several occasions, however at the latest until the Annual General Meeting 2025, of no more than 2,400,000 Class B shares on Nasdaq Stockholm at a price within the from time to time applicable range of prices (spread), meaning the interval between the highest purchase price and the lowest selling price. Acquired own Class B shares may be transferred to participants in Seop 6 in accordance with the conditions stipulated in the decision by the Annual General Meeting 2022.

On March 27, 2024 Skanska held 9,525,185 Class B shares in its own custody.

For further information please contact:

Caroline Fellenius-Omnell, Executive Vice President, General Counsel, Skanska AB, tel +46 (0)10 449 29 23

Antonia Junelind, Senior Vice President Investor Relations, Skanska AB, tel +46 (0)10 448 62 61

Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)10 449 19 57

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

This and previous releases can also be found at www.skanska.com.

                                                                                                                                                             

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world's largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

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