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Update on Skanska Brasil

Acting ethically and transparently is one of Skanska’s core values. We strive to do business with a high degree of integrity and transparency and understand that we need to demonstrate sound ethical behavior if we are to attract the right customers and partners. Skanska takes the allegations of ethical breaches in Brazil very seriously and we are continuing to closely monitor relevant developments.

All construction operations in Latin America have been discontinued since 2016. Skanska Brasil Limitada remains as a legal entity. The final tasks to be completed are to wind down the business, respond to enquiries from authorities and manage legal claims.