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Q-Free: Tolling contract in Chile – 45 MNOK

Q-Free has been awarded a new tolling contract in Chile. The client is the concessionaire of the San Antonio – Santiago highway, which belongs to Sacyr Concessions

The contract has a value of approximately 45 MNOK and comprises a MLFF roadside solution as well as service and maintenance for 5 years. Most of the revenues will be recognized in 2023.

For further information, please contact:
Håkon Volldal, President & CEO: +47 977 19 973
Trond Christensen: CFO, +47 481 02 754

This information is considered to be inside information pursuant to the EU Market Abuse Regulation article 7 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q -Free ASA, on 24 June 2022 at 08:30 CET.

About Q-Free:
Q-Free ASA (OSE: QFR) is a global innovator in intelligent transportation systems that improve traffic flow, road safety, and air quality. With an open, collaborative approach to tolling, traffic and active transportation management, Q-Free works with customers and partners on every continent to digitize infrastructure and overcome modern mobility challenges for the greater good of society. Headquartered in Trondheim, Norway, Q-Free has annual revenues of approximately 900 million NOK (100 MUSD) and employs approximately 350 transportation innovators, experts, and enthusiasts. To learn more about how Q -Free is “changing the movements of life”, visit www.q-free.com or Twitter:@Q -FreeASA