Skanska has signed a contract with The Real Estate company Gångaren 13, a wholly owned company in the Electrolux Group, to expand Electrolux's head office in Stockholm. The contract is worth approximately SEK 500M, which is included in the order bookings for Skanska Sweden in the fourth quarter of 2021.

The project comprises approximately 9,000 square meters of office space, a fitness and pool facility and a restaurant spread over ten floors. The project also includes the construction of a courtyard on the low-rise part of the existing office property as well as solar cells on the roof and facade. Within the framework of the expansion, Skanska will also prepare for a planned housing project with 114 condominium apartments on top of one part of the office building.

The project has a high environmental profile. It will be certified according to BREEAM, level "Outstanding" and the Swedish Green Building Council's new certification standard ZeroCO2. ZeroCO2 provides a framework for climate-neutral construction and requires that the building's greenhouse gas emissions are reduced. It sets limit values ​​for greenhouse gas emissions from the building component production, for the construction processes and indirectly sets a limit for the building's energy use.

Both offices and future homes will be built mainly in wood with a certain brick element that will to a large extent be recycled.

The project is set to start in the first quarter of 2022 and the project will be completed during the summer of 2024.

For further information please contact:

Olle Rundgren, Media Relations Manager, Skanska AB, tel +46 (0)10 448 67 94

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

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

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we're one of the world's largest development and construction companies, with 2020 revenue totaling SEK 159 billion. We operate across select markets in the Nordics, Europe and the United States. Together with our customers and the collective expertise of our 32,000+ teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

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