Rejlers Wins Major Contract with Hafslund

Regulatory News:

Rejlers (STO:REJL) wins major contract with Hafslund and digitalises electrical safety supervision in Oslo. The assignment will take place in collaboration with El-Tilsynet AS. The contract is valid for two years, with the option of a further two years, and is worth in the region of NOK 60 million.

Hafslund Nett has awarded the contract for the supervision of electrical installations in Oslo 2 to Rejlers Elsikkerhet. The Oslo 2 area includes the districts of Bjerke, Grorud, Grünerløkka, Nordre Aker, Sagene and Stovner.

The grid distribution companies are obliged to supervise electrical safety in their supply areas. This supervision is conducted through "the local electrical supervisor”, which must ensure for example that electrical installations in both new buildings and existing facilities are executed in accordance with the regulations.

"We are extremely happy to have been awarded this contract. Hafslund Nett is Norway’s largest grid distribution company and imposes considerable demands on its suppliers. By winning this assignment in the face of tough competition, we are showing that we are competitive as regards to competence, price and quality,” says Asbjørn Hilde, Managing Director at Rejlers Elsikkerhet.

Future-oriented solutions

"Hafslund Nett is an extremely important customer for us. Rejlers is now seeing the results of the investments we have made regarding the use of future-oriented digital solutions for supervision activities,” says Morten Thorkildsen, CEO at Rejlers Norway.

The local electrical supervisor within Hafslund Nett is part of the public supervisory apparatus for electrical safety, and is obliged to supervise electrical installations in accordance with instructions and guidelines issued by the Norwegian Directorate for Civil Protection (DSB).

The assignment includes:

• Supervision of electrical installations and equipment in businesses and properties of all types.

• Auditing electrical installation contractors.

• School education for all pupils in Years 6 and 9.

• Information about electrical safety through participation in nationwide campaigns such as "Aksjon Boligbrann” ("Action property fire”), and education for special target groups such as asylum seekers.

• Information about electrical safety for employees in businesses, such as homecare nurses.

• Following up of institutions and businesses that use electromedical equipment.

Hafslund Nett is Norway’s largest grid distribution company, supplying electricity to 1.5 million people in 34 municipalities – 24 hours a day, 365 days a year. Hafslund Nett owns and operates the regional grid in Akershus, Oslo and Østfold. Every year, around 17.7 billion kilowatt-hours (kWh) are delivered through this power grid. See also www.hafslundnett.no

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 2,000 experts work with projects in the areas of Building and property, Energy, Industry and Infrastructure. At Rejlers, you will meet specialist engineers with the knowledge, cutting edge expertise and energy to achieve results. We are still experiencing rapid growth and can now be found in 80 locations in Sweden, Finland and Norway. Rejlers recorded revenue of SEK 1.9 billion in 2015 and its class B share is listed on NASDAQ Stockholm.

This information is information that Rejlers AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on September 23rd 2016.

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