Terranor

The City of Järvenpää has contracted Terranor Oy, a subsidiary of Terranor Group, for operation and maintenance of city roads over four years in Järvenpää in southern Finland. The agreement is valued at EUR 10.7 million (approximately SEK 116 million) for the full contract period. The contract will commence on 1 October 2026 and run until 30 September 2030.

The City of Järvenpää is located in southern Finland and is part of the greater Helsinki metropolitan area. The contract covers winter and summer maintenance of roads in Järvenpää. Terranor has been managing the area since fall 2025 under a temporary contract, which will now continue as a four-year contract.

"We are proud that Terranor Oy has been entrusted to continue its contract in Järvenpää for a four-year period. The contract is a valuable addition to our contract portfolio as it strengthens our position in Southern Finland. We look forward to continuing the collaboration in improving road safety", says Iisko Rossi, Head of operations at Terranor Oy.

For further information, please contact:
Inka Kontturi, CFO and Head of Investor Relations
Phone: +358 445 089 875
Email: ir@terranor.se

This is information that Terranor Group 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 persons set out above, at 14:15 CEST on 24 April 2026.

About Terranor
Terranor is one of the leading players in road maintenance in the Nordic region. The Company’s business concept is to offer a wide range of qualified services in road operation and maintenance to ensure that roads remain accessible and functional all year round. The business covers both winter road maintenance, with snow removal and anti-slip protection, and summer maintenance, such as repairs and asphalt work. In addition, Terranor offers services in green area management, road safety and light infrastructure projects. Through operational efficiency, Terranor has achieved a high and profitable growth. Terranor AB’s share is traded on Nasdaq First North Growth Market in Stockholm (ticker TERNOR). The Company’s Certified Adviser is DNB Carnegie Investment Bank AB.