Zurhaar AS - 30th Anniversary

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Introduction Rune Birkeland ZURHAAR Celebrating 30 years of Zurhaar AS Group Overview Company Profiles Upcoming Projects 93 23

Postboks 131 Nesttun, 5852 Bergen

Dear customer, tenant, business partner, and employee. It is with a certain pride and humility that we now, after 30 years, choose to publish this anniversary magazine.

It all started when my wife, Mette Zurhaar, inherited a couple of properties in the centre of Nesttun from her parents in the early ‘90s. Finn Haldorsen, who owned and had developed the Rubb concept, contacted me in 1993 wanting to collaborate. Together we started the company Zurhaar & Rubb AS in 1993, which today is called Zurhaar AS.

It became the start of a 30-year long and wonderful collaboration, which today is a group with 430 employees in 6 countries, a free equity of approximately NOK 440 million, and a turnover of approximately NOK 1.79 billion.

In all these years, we have focused on conservative financing with a large degree of fixed interest, which has given us financial security and predictability.

We have built shopping centres, cultural centres, offices, and industrial buildings to the delight of the countless tenants and visitors who do their daily work in our properties.

Our most prestigious building—the Telenor building in Bergen—was bought in December 2020. The building was voted the world’s best office building in 2003 (Prix de Excellence, France) with strong competition from over 100 beautiful buildings worldwide. Needless to say, we are proud to be the owners of this building.

Our properties today count around 170,000 m² of floor space, which is distributed over the

Norway’s Bergen and Oslo areas, Sweden, England, Poland, and the USA.

At Nesttun, we have developed and acquired all the properties in Østre Nesttunvei between the two light rail stops we have here.

Furthermore, we have signed a long lease with Sparebank 1 SR-Bank for the construction of a new building in the centre of Nesttun with completion set for summer 2025. This will be a financial centre in Bergen South. The building and adjacent properties will receive an upgrade with a high classification within BREEAM. The project’s budget is NOK 140 million.

New opportunities

In 2020, the opportunity arose for us to take over the entire Rubb business, which was then called Hallmaker Group AS, head-quartered in Oslo. It was our first industrial investment. Since then, another opportunity appeared: O.B.Wiik AS, the fabric hall company. We took over this company in its entirety in January 2022. We quickly took action and renamed Hallmaker Group AS to Rubb Industries AS. Furthermore, we made several strategic decisions to turn the company with all its subsidiaries into a now solid supplier in its fields.

This summer saw our industrial division’s

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From just a NOK 2 million turnover in 1993, to an international group in 30 years.
2 | Introduction
ZURHAAR +47 55 11 22 50 www.zurhaar.no firmapost@zreiendom.no

largest ever orders, with Rubb, Inc. securing the delivery of major aircraft hangars in the USA— totalling an order value of over NOK 300 million.

Winning this work has clearly defined our position as the world leader in fabric building solutions in the aviation sector.

With our acquisition of O.B.Wiik AS, we are now well underway with strategic moves that will establish us as a progressive company, consistently producing excellent results that will further solidify our strong position in Scandinavia.

A decisive factor in our success has been the banks that have shown great faith in us throughout all these years. Our main bank has always been Nordea, with Handelsbanken as an excellent backup. Thank you both for the wonderful collaboration.

From barely a NOK 2 million turnover in 1993, to approximately NOK 1.79 billion 30 years later. This has been an amazing journey. Without skilled, loyal, and self-sacrificing employees and our faithful tenants, this would not have been possible. A huge thank you to you all.

We have put 30 exciting and productive years behind us with the fantastic cooperation between our two owner families, with Finn Atle Haldorsen and yours truly in the main seat.

Thanks.

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Introduction 3
4 | Contents
Contents | 5 06 History 08 Financial figures 10 Focus areas 12 Congratulations 14 Zurhaar Property Division 15 Rubb Industries AS 31 O.B.Wiik 40 Shared Services 44 New projects 46 Shopping centres 47 Employee spotlight

Nesttun before & now

Our history 1920

1920 Building in Nesttunvegen, e.g. Solberggården, begins

The end of the 1950s Nesttun’s most expansive history begins in the 1950s. Østre Nesttunvei is established as a mirror image of Nesttunveien giving the centre its characteristic eye shape, with the square as a natural centre point

The 1960s

Several blocks of flats are built in a row along the road. Eventually car parks, the Nesttun centre (now AMFI Nesttun) and Fana Culture House come. These buildings are seen as the most important foundations of today’s living Nesttun

Nesttun as it looks today

An important district centre and hub in Bergen South. The light rail that runs through the pedestrian street has two stops

The newest buildings in Nesttun are:

1950 1960

• Østre Nesttunvegen 16 (built in 1996 by Zurhaar AS), housing offices and AMFI Nesttun

• Østre Nesttunvegen 20 (built in 2009 by Zurhaar AS), home to offices and the Fana Culture House

6 | History
Photo: Bergen City Encyclopedia

The group’s history, founders, and acquisitions

2022

Zurhaar AS takes over all the shares in the fabric hall company O.B.Wiik AS with subsidiaries. The group now has approx. 430 employees in 6 countries

2022

Zurhaar & Rubb AS changes its name to Zurhaar AS

2020

Zurhaar & Rubb AS takes over all shares of Hallmaker Group AS with subsidiaries. Its name is changed from Hallmaker Group AS to Rubb Industries AS

2010

1993

After establishing Rubb Group internationally, Finn Haldorsen wants to spread risk. He looks for a partner in real estate, and is introduced to Rune Birkeland

The married couple Rita Nesttun and Willem

Zurhaar develop the first buildings that form the basis of the modern Nesttun

1991

1989

After Willem Sr.’s death, the estate is distributed between two heirs

For more information, see www.zurhaar.no

1993

Zurhaar & Rubb AS is established by Finn Haldorsen and Rune Birkeland

1991

Mette van Vlissingen

Zurhaar and her husband Rune Birkeland use the inheritance to establish Zurhaar Eiendom AS

History | 7
Finn Haldorsen
2010 2020
Rubb Group merges with Hallmaker Gruppen
2022

Our financial figures

Excerpts from our annual report:

“The business area of Zurhaar AS (formerly Zurhaar & Rubb AS) is the operation of commercial premises owned by companies in the same group, as well as industrial operations in Norway, Sweden, Denmark, Poland, England, and the USA.”

“Zurhaar AS was founded in 1993 and has had positive growth since establishment. The company is located at Nesttun and is the parent company of the group. The Zurhaar group is a property, contractor, and industrial group that now has 430 employees globally.”

“At the end of 2022, the group owns and manages a property mass of approximately 170,000 m² located in the Bergen area, Bømlo, Krøderen, Fornebu, Tranås (Sweden), Sanford Main (USA), Saltwell Park (Gateshead, UK) and Lodz (Poland). After the acquisition of Rubb Industries AS (2020), Zurhaar AS gained ownership of subsidiaries in England, USA, Sweden, and Norway. Rubb Industries is a supplier within steel buildings and fabric halls. In January 2022, the group took over all the shares in fabric hall company O.B.Wiik AS, which, in addition to Norway, also has operations in Sweden and Denmark.”

Members of the board

“In 2022, the Zurhaar group had a turnover of NOK 1,779 million. EBITDA is NOK 246 million and EBT is NOK 84 million. The parent company, Zurhaar AS, has an EBT of NOK 125.3 million in 2022. The group’s current assets as of 31/12/2022 is NOK 639 million. The group’s long-term bank debt as of 31/12/22 is NOK 1.775 million. A significant proportion of the group’s long-term debt is secured with fixed interest. The group’s policy is to have a conservative financing policy to limit financial risk. A dividend of NOK 15 million has been decided in 2022. Total equity as of 31/12/2022 is NOK 440 million. It is the board’s assessment that the annual accounts show a true and fair view of the result and position as of 31/12/22. The board also considers the group’s financial position and liquidity to be satisfactory.”

“The real estate business has many public tenants and a large proportion of solid tenants with long-term contracts.”

“Sustainability is a natural driver for Zurhaar’s ownership and is the basis of the group strategy, business philosophy, and value base.”

8 | Financial figures

Founded June 4th 1993

Employees as of June 2023

430 in 6 countries

Annual turnover, 2022

NOK 1.779 billion

EBITDA

NOK 246.23 million

EBT

NOK 83.72 million

Equity

NOK 440 million

Debt to credit institution

NOK 1.775 billion

Balance sheet

NOK 3.028 billion

Head office Nesttun

Zurhaar AS’ key figures

Financial figures 9

Speakers kick-off:

Our focus areas

Kick-off in our sustainability work

In the spring of 2023, we gathered the directors of all our companies to kick-off our sustainability work, in collaboration with Poppelhuset. Sustainability is a natural driver for all our companies, and something

Vision

we focus on in everything we do. The speakers were: Thina Saltvedt (Nordea), Guro Slettemark (Transparency International Norge), and Jostein Hole Kobbeltvedt (Raftostiftelsen).

Sustainability is a natural driver for Zurhaar’s ownership and forms the basis of the group strategy, business philosophy, and value base.

• Zurhaar must have a broad and comprehensive understanding of sustainability as an overall strategic driver

• Zurhaar shall develop the group, the people, and the working environments with respect and equality, for the good of the individual and society

• Zurhaar will create lasting value and profitability in a long-term perspective

• Zurhaar must adhere to honest and healthy attitudes, based on high ethics and morals

Sustainability is a priority for Zurhaar and all of the group, including property, contractors, and industry. All companies in the group must be certified to varying sustainability standards in the following years.

Thina Saltvedt Nordea Rune Birkeland Zurhaar Guro Slettemark Transparency International Norge Jostein Hole Kobbeltvedt Raftostiftelsen From the left:
10 | Focus areas

Value base

Zurhaar’s values are based on a fundamental respect for people and the environment.

At Zurhaar and the group’s companies, we work for equality, trust, and respect within a business culture that is based on a positive environment. This guides our business conduct and how we relate to the people and environments we surround ourselves with, collaborate with, and how our operations are organised.

Zurhaar must be a safe, robust, and honest business partner and employer. We set high standards for ethical and moral business conduct and expect mutual trust and respect in employer

relations and in all forms of cooperation.

At Zurhaar, quality and healthy business development are essential for operations. We must be proper, honest, and fair in everything we do, and this must be reflected in our attitudes and actions. This is also the basis for our growth strategy, which seeks to be offensive, ambitious, and visionary within a safe framework. This must ensure quality, awareness, thoroughness, and common sense.

Zurhaar must be a corporate actor who takes social responsibility beyond expectations. The group complies with society’s

Business philosophy

The business philosophy of Zurhaar has been built through our history and stands as a robust foundation for the development of the group. The value base contains the group’s values, and explains the framework within which the group and the group’s companies can operate.

Our business philosophy shall contribute to:

requirements, laws, rules, and expectations, and expects the same from all collaborators.

Zurhaar has internal guidelines for conscious, clear, reasonable, and enforceable business practices.

Zurhaar takes human rights seriously, and works according to a business philosophy that emphasizes honesty, equality, zero tolerance for bullying, a good and healthy internal culture, and the development of people inside and outside the organisation.

Our values are:

• Honesty

• Quality

• Innovation

Within our business philosophy, we have an ambition to strengthen and lead our employees and the company in a healthy and productive direction. Our philosophy is to continuously seek improvement in all aspects of the group’s operations.

• Seek optimal management of all resources: Ensure that we manage all resources (materials/people/values) as favourably as possible

• Make the right decisions: Make decisions that help create correct and lasting solutions for the future and globally

• Pursuing integral solutions: Being opportunity and solution-oriented, with an integral mindset

• Ensure open, transparent processes: Work actively for openness, transparency, and the fight against corruption in all blocks in the value chains

Focus areas | 11

Congratulations!

Willem Zurhaar (Wim) asked me to prepare the founding documents for Nesttunhjørnet AS, which was founded on the 4th of January 1982. That was the start of collaboration and assignments throughout my professional career as a lawyer.

Nesttun got a new boost when Rune Birkeland took over management after Wim’s death. Strengthened again with the entry of the Haldorsen family

Nordea has been Zurhaar’s main bank from its small beginnings 30 years ago to today’s billion-dollar group. Yours truly has had the pleasure of being the bank’s customer manager for the majority of these years, and I cannot recall that the bank has ever refused an application from the Zurhaar group, nor that the group has ever once been one day late with payment of a term. There have been many pleasant

and the establishment of the company Zurhaar & Rubb AS.

As an “in-house lawyer”, I have had the pleasure of assisting and participating in the vast majority of processes in the development of Zurhaar AS. In sum, Zurhaar AS has had a positive impact on ‘building the country’. Congratulations to the jubilee!

gatherings and good laughs. We look forward with joy and excitement to the continuation of this adventurous journey.

On behalf of a proud customer team at Nordea: Congratulations on your 30th anniversary!

Zurhaar AS is and has for a long time been an important community builder through the development and operation of urban areas.

Activities have been started all over the country, but special mention should be made of the Nesttun area, which has become a powerhouse for the local area through Zurhaar’s work.

CEO Rune Birkeland, through the Zurhaar group, has created activity and

jobs in an exemplary way, benefiting society greatly.

Congratulations on the anniversary.

12 | Congratulations

Through various roles, I have had the pleasure of offering financial services while working with Rune and the companies for 30 years. Rune and I met each other for the first time in 1993. Since then we have had mutual, close, and excellent collaboration. The bank has grown with the customer and the customer with the bank. The owners are serious, reliable, and long-term in their strategy and work and are now

emerging as a pioneering company in the green shift. Handelsbanken is also a satisfied and long-term tenant in the Telenor building.

Congratulations and thank you for the cooperation so far Rune, I look forward to the continuation of a close cooperation for both parties.

Thanks to Zurhaar AS—as the largest and most benevolent landowner in Nesttun—Nesttun Sentrum has been able to “promote and coordinate the members’ interests towards all parties that may have an influence on Nesttun’s development”, as the articles of association express it.

A brilliant example of active ownership and public/private cooperation to make the world a better

The Olav Thon Group has had the pleasure of to collaborate with Zurhaar AS for over 10 years through our management agreement for AMFI Askøy, AMFI Nesttun, and eventually also the shops in the pedestrian street at Nesttun.

Zurhaar AS is a group that is expansive, sees opportunities, invests in the long term and has competent and friendly employees in its organisation.

place to live - also at Nesttun.

Heartiest congratulations on your 30th anniversary.

It has been exciting and instructive to collaborate with Zurhaar AS in these 10 years—a collaboration that has been characterised by development and expansion.

We congratulate Zurhaar AS on its 30th anniversary and wish you the best of luck for the next 30 years.

The architects Bjerk and Bjørge (later B+B architects) have participated for a number of years in the exciting development of Nesttun centre.

We have collaborated with Zurhaar AS right from 1995 when we designed the new shopping centre, NesttunSenteret (now AMFI Nesttun) and later Fana Kulturhus in 2009.

In 2022 we designed the new building which will be completed in the

summer of 2025.

It has been a privilege to be allowed to help shape “the modern Nesttun.”

Congratulations on your 30th anniversary!

Congratulations | 13

Zurhaar Property Division, Norway

Our task is the rental, operation and management of the group’s properties in Norway. We take care of these tasks ourselves, so that our tenants can have confidence that we will be a good partner throughout the tenancy.

The group has properties in Bergen, Askøy, Bømlo, Fornebu, Krøderen, Tranås (Sweden), Lotz (Poland), Sanford Maine (USA) and

Saltwell Park (Newcastle UK). Total area is approx. 170,000 m².

We also own 3 shopping centres: Bømlo Storsenter (56%), AMFI Askoy (100%), and AMFI Nesttun (100%).

In 2013, Zurhaar AS Eiendomsdivisjonen entered into a collaboration with Olav Thon Gruppen, which now manages AMFI Askøy and AMFI Nesttun (including shops in the pedestrian street) on our behalf.

What’s next?

As a major player, we are concerned with reducing our environmental footprint, and work daily to improve ourselves in order to reduce energy consumption and refine our handling of waste. We work with innovative players to find new and better ways to make our properties a little smarter. In 2023, we will also be certified as Miljøfyrtårn (Norwegian sustainability certification).

For more information on Zurhaar Real Estate Division, visit zreiendom.no or contact firmapost@zreiendom.no

14 | Zurhaar Property Division
ZURHAAR EIENDOMDIVISJONEN

Rubbhall AS, Norway

Rubbhall is a recognized and leading supplier of fabric buildings worldwide. Our goal is to deliver the best solutions on the market. We focus on high quality, which you will find in all our activities around the world.

Building Systems

Rubbhall was started at Rubbestadneset in Hordaland in 1965. The purpose was to develop a fabric building for the extreme weather conditions in Western Norway. And we have

managed that. Our halls stand firm, whatever the weather. The adventure with Rubbhall started from Rubbestadneset and now you can find us all over the world.

We have grown into a global, respected company and it is our mission to provide high quality, safe, strong, practical, innovative, and long-lasting hall solutions that are designed to inspire and help your business grow.

What’s next?

Rubbhall AS will focus on projects within the fishing industry, the stone industry, the sports sector and the port sector - alongside our general warehouse projects, which have long been a mainstay of our business. The Rubbhall AS team will continue to work hard for our customers to ensure that we will always have the solutions that meet their needs.

For more information on Rubbhall AS, visit rubb.no or contact post@rubb.no

Rubb Industries AS | 15

Rubb Buildings Ltd, UK

Building Systems

Rubb Buildings Ltd manufactures prefabricated, portable structures, relocatable buildings, shelters, hangars and custom facilities to suit individual client requirements. We provide temporary, semipermanent and permanent solutions for a wide range of sectors.

Rubb structures are available in single spans of 3m to more than 79m by any length.

Standard module lengths vary from 3m to 5m. Multi-span options are also available to cater for even bigger facilities.

Rubb has earned a reputation for tackling difficult and unique projects. We have developed substantial structures that can be moved on wheels or rails or even lifted around a project site in fully erected form. We offer a strong commitment to code and standards compliance.

What’s next?

Rubb has a strong reputation and product portfolio in the Deployable Military Hangar market. Recently we have developed our new 28m variant, and plan to further enhance this product portfolio. The additional services offer to our clients to our deployable hangar range is very exciting and this will be developed further for our clients.

For more information on Rubb Buildings Ltd, visit rubbuk.com or contact info@rubbuk.com

16 | Rubb Industries AS

Rubb Inc., USA

Rubb USA celebrates its 40th year of business in August 2023. In 1983, Norwegian entrepreneur Finn Haldorsen started operations in Sanford, Maine with one mission: to engineer and fabricate Rubb buildings in North America while delivering top quality and value.

Today, we’re proud to say that we’ve kept that promise and have constructed many notable projects over the years.

Rubb USA has a reputation for taking on difficult technical projects that other companies don’t have the engineering and manufacturing experience and expertise to complete. We’re most proud of our projects in aviation, defense, marine and environmental markets.

We build large fixed based hangars for wide-body aircraft, and we build custom high walled structures that are movable on land or at sea.

What’s next?

As we look to the future, we will continue to build on our work with long-term clients that trust Rubb to do the job right. With our insulated building technology and collaboration with Rubb sister companies, we can deliver large projects quickly and effectively, setting us apart from our competition and establishing the basis for future success.

For more information on Rubb Building Systems, visit rubbusa.com or contact info@rubbusa.com

Rubb Industries AS | 17
Inc. & Rubb Property

Rubbhall AB, Sweden

Rubbhall AB is a subsidiary of Renthall AS which was established in 2010 with headquarters in Tranås. We offer customers high-quality fabric buildings for purchase, rent, or leasing on the Swedish market.

Most of the halls that we deliver are insulated, where Rubb’s concept is the market leader.

We are involved in the entire process and guide the

customer to the best solution for their purposes, and the production takes place under Rubb’s direction for efficient coordination of the purchasing process.

In recent years, Rubbhall has focused on maintaining existing customers and taking care of requests that fit our concept.

What’s next?

Rubbhall will continue to maintain the market with quality halls from Rubb and support existing customers. After the acquisition of a large group, which also has halls as its main product, strategic decisions will affect the future of Rubbhall. A new exciting journey for Rubbhall has begun.

For more information on Rubbhall AB, visit rubb.se or contact info@rubbhall.se

18 | Rubb Industries AS
Building Systems

Rubb Polska, Poland

Rubb Polska was founded in 2017 with headquarters in Łódź—a production plant with an area of 2000 m², equipped with 5 highfrequency (HF) welders and the longest welding table in Poland. Since then, Rubb Polska has delivered high-profile warehousing solutions to companies such as LG Electronics, and several sports halls to schools and football clubs across the country.

Rubb Polska also proved invaluable in group projects such as the Turkish Technic MRO hangar, which saw Rubb USA, UK, and Poland working together to deliver the huge building.

Now, Rubb Polska’s main focus is supplying fabric to Rubb and O.B.Wiik OPCOs. Our specialist team has also just invested in a new stateof-the-art Zemat HF welder to meet the growing demand.

What’s next?

Due to steady orders from Rubbhall AS, Rubb, Inc., Rubb Buildings Ltd, and O.B.Wiik AS, Rubb Polska’s production has been full speed throughout 2022, shipping 8-10,000 metres of fabric every month. We hope to keep up this momentum as we continue to supply both Rubb Industries AS and O.B.Wiik OPCOs in the future.

For more information on Rubb Polska, visit rubbpolska.pl or contact michal.knop@rubbpolska.pl

Rubb Industries AS | 19
CEO, Rubbhall AS & Rubb Polska Building Systems

Hallmaker AS, Norway

Hallmaker’s history stretches back almost 100 years, and we have more than 30 years of experience with steel buildings. This has given us considerable expertise and a position in the Norwegian market. We want to continue the tradition of delivering high quality products and services. Experience, high competence and smart solutions characterize everything we deliver.

We design and build standardized or tailor-made projects adapted to our customers’ needs. Hallmaker is centrally approved in many areas, including construction safety, building physics, fire.

We can build and deliver everything from raw construction/climate shell to turnkey contracts where we take responsibility for land, concrete, construction and all technical subjects.

What’s next?

At Kalbakken in Oslo, Hallmaker is well underway with the construction of a high-tech factory that will help fish farmers fight salmon lice. This is a turnkey contract where Hallmaker is responsible for the design and delivery of a turnkey building. The building is 2,000 square meters spread over three floors. The project will be completed in the autumn 2023. At Mørkved outside Bodø, Hallmaker will immediately begin the delivery of four raw buildings totalling approx. 12,500 square meters. Tenants for these buildings are Tesla, OBS Bygg, Kiwi and THansen. The project will be completed in Q1-2024.

For more information on Hallmaker AS, visit hallmaker.no or contact post@hallmaker.no

20 | Rubb Industries AS

Plamek AS, Norway

Plamek AS is the Group’s service and assembly company for fabric and steel halls.

We carry out assembly for internal companies, in addition to offering service agreements, assembling, disassembling and changing fabric cladding for all types of buildings.

We also assist valuers in damage cases on different types of halls and carry out repairs by agreement.

We currently have around 35 employees who have up to 40 years of experience in the field.

We mainly work in Norway, but have assisted internationally several times when needed.

We have central approval and routines to meet increasingly strict requirements for seriousness and quality.

What’s next?

Plamek AS will continue to develop together with the group and offer future-oriented services for our customers so that they can focus on their main operations and not spend time on their building stock. We will be a leading assembly company that focuses on quality and HSE, and will be there for our customers for many years.

For more information on Plamek AS, visit plamek.no or contact post@plamek.no

Rubb Industries AS | 21
Plamek AS

Renthall AS, Norway

Renthall AS is located in Lysaker, and rents out a varied portfolio of fabric buildings in Norway.

We offer flexible lease agreements for buildings of all sizes. Our customers range from large offshore players to smaller companies with a need for temporary or more permanent warehouse and industrial premises.

Renting buildings from Renthall is a very sustainable

solution, we are always concerned with reuse and extend the life of the fabric buildings by reconfiguring them for new projects and customers after the end of the rental period.

At Renthall, we live off repeat purchases and satisfied customers, who commit us to prompt and serious followup routines. This makes us Norway’s best and most reliable rental operator in the market.

What’s next?

Our goal of being a sustainable alternative will be a top priority at Renthall. We have an ambition to become a “0 waste” actor, and this means that we must think about reuse and extended life in all aspects of our business operations. At the same time, we will continue to offer our customers competitive alternatives, with great emphasis on quality in both product and delivery.

For more information on Renthall AS, visit renthall.no or contact post@renthall.no

22 | Rubb Industries AS

Renthall Ltd, UK

Renthall Ltd based in the UK delivers flexible rented buildings for every sector and usage.

All our buildings can be adapted to suit the client’s business requirements and are used for everything from sports halls and aircraft hangars to warehouses and production halls.

Offering both aluminium and steel-framed buildings, our products are modular,

fabric buildings that are built to last. We pride ourselves on delivering structures that are rapid, cost-effective structures for temporary solutions that are adaptable as needed.

A rental agreement with Renthall resolves temporary needs quickly, structures can be set up quickly almost anywhere, our buildings are perfectly suited to effectively meet our client’s growing business needs.

What’s next?

The future for Renthall UK looks promising with our main strategic goal being focused toward continuing to provide environmentally friendly and sustainable structures. The flexibility of both our financing options and buildings provide an attractive proposition for businesses, so we are looking forward to many new projects in the future.

For more information on Renthall, Ltd, visit renthall.co.uk or contact info@renthall.co.uk

Rubb Industries AS | 23

Renthall Inc., USA

Renthall Inc. is based in the USA and delivers flexible rented buildings for every sector and usage.

Renthall, Inc. is currently renting a 15m x 29m building with translucent PVC cover to St. Gobain in Worcester, Maine. The building is used as a warehouse/storage facility, and has been rented since February 2022.

With the support of Rubb, Inc., Renthall, Inc. is looking

forward to expanding its operations in the USA and exploring further synergies with the rest of the Renthall companies worldwide.

What’s next?

We are now strengthening Renthall operations in the US with Bjørn Høydahl as our new GM, and setting defined goals for future growth. This will be done in close cooperation with our rental sister companies in the Group, as we will adopt best practices and proven business models, adapted for the US market.

For more information on Renthall, Inc., visit renthall.com or contact info@rubbusa.com

24 | Rubb Industries AS
Inc.

Renthall PL, Poland

Renthall Poland has rented out Rubb buildings for nearly 10 years now and have several good industrial customers in Poland.

Rental of fabric covered buildings in Poland has potential as a growing market as not all businesses can finance new buildings. Renting is a convenient alternative for that.

There are also good financial

benefits of renting of our buildings as it is “off balance sheet”.

We look forward to cooperating with Rubbhall and O.B.Wiik to increase our customer base for rental of both brands of buildings in Poland in the coming years.

What’s next?

As O.B.Wiik AS is now part of the Zurhaar AS group of companies, we are looking forward to opportunities to rent out O.B.Wiik buildings in addition to our current Rubb structures. This will allow us to improve our competitiveness in the Poland market by offering even more options to our customers.

For more information on Renthall PL, visit renthall.com.pl or contact michal.knop@konstpol.pl

Rubb Industries AS | 25

CC Betong AS, Norway

CC Betong AS was established in 2015. CC Betong is based in Holmestrand in Vestfold, and has a geographical focus area within the central eastern region.

Today, CC Betong is a total supplier of concrete works that specializes in concrete for business and industry.

In addition to assisting with professional support, prices and projects for sister

companies, they are well on their way to establishing a significant customer base outside the Zurhaar group.

CC Betong strives to be a preferred supplier by delivering projects with good quality at the right price.

What’s next?

CC Betong has delivered significant growth in 2022, and will continue to grow in turnover, satisfied customers, expertise and project complexity. CC Betong will be a pioneering company when it comes to advising, selling, and offering green alternatives in projects.

For more information on CC Betong AS, visit ccbetong.no or contact hb@ccbetong.no

26 | Rubb Industries AS

Haagensen Plast AS, Norway

Haagensen Plast AS is a company based in Krøderen that produces plastic bags, plastic film, plastic tape etc. The factory has 15 employees and has recently gained a large number of new employees.

Our production is from scratch, where we buy plastic pellets and melt them into liquid plastic, which we in turn use to make our plastic products. We also have close

to 100% recycling of “scrap”, which is remelted and used in production. The company’s main focus is on food packaging for fish, vegetables, and bread products.

We have great faith in this industry going forward and our turnover shows where we have gone from approx. NOK 25 million turnover to around NOK 35 million turnover in 2022. We have also increased earnings significantly in the same period.

What’s next?

Haagensen Plast AS is only one of two plastic bag/film producers left in Norway. We have great faith in our production and have invested in both buildings and new machines to create the best possible environment for employees and productivity. In the last two years, we have invested in machines worth over NOK 5 million. We work continuously with quality and sustainability in the company.

For more information on Haagensen Plast AS, visit haagensenplast.no or contact gunn@haagensenplast.no

Rubb Industries AS | 27

Arqdesign AB, Sweden

Arqdesign is a Swedish company founded in 2008 with headquarters and production in Tranås and a subsidiary Arqdesign Norge AS in Norway. We offer home owners and construction companies in Scandinavia designed and installed balcony railings and balcony glazing.

Arqdesign works in larger projects towards new production and renovation of older properties.

Since the start of the company, we have worked with design and have good contacts with architects and regulatory authorities.

We currently have 65 employees and a turnover of SEK 140 million where we work every day to deliver safe and durable products—on time. This is how we have reached the position we have in the market today. Not the cheapest, but overall economically the best.

What’s next?

Arqdesign will continue to develop the work with sustainability, design, safety, and efficiency. The next step is to increase the degree of automation and ensure that our processes—both externally and internally—are stable and efficient.

For more information on Arqdesign AB, visit arqdesign.se or contact roger.jonsson@arqdesign.se

28 | Rubb Industries AS

Arqdesign AS, Norway

Arqdesign Norge AS, with headquarters just north of Oslo, has for a number of years supplied aluminum railings and glazing to the Norwegian project market. In close cooperation with some of the largest contractors in Norway on both new construction and refurbishment, we deliver and install the best solutions adapted to the individual building and project, where much of the focus is on

ensuring easy maintenance and sustainability.

All production of what we offer comes from our factory in Sweden.

What’s next?

As part of the Zurhaar group, we continuously work to improve and optimize our products so customers and end users know that we deliver the best quality. Our goal is not to become the largest in our area, but to be the supplier that time and time again delivers what is promised on time, and of the highest quality.

For more information on Arqdesign AS, visit arqdesign.no or contact johannes.runningen@arqdesign.no

Rubb Industries AS | 29

Konstpol, Poland

Konstpol deals with the design and implementation of buildings. Our advantage is a professional team of employees.

Thanks to their knowledge in the field of steel structures, experience and reliability, we can guarantee a high level of executed orders and their timeliness.

Since the establishment of the company in February 2008

we operate on the domestic and foreign market.

Due to the diversity of construction and diverse customer requirements, we approach each order individually.

We strive to provide our clients with the best technical solutions.

What’s next?

Konstpol is developing the domestic market with turnkey projects. Our next project will also be our biggest domestic project to date— NOK 20 million, 5000 m². We have similar in the pipeline for next year. Our domestic projects are building a strong reputation on the market. We will continue to supply the best quality steel for companies across the group.

For more information on Konstpol, visit konstpol.pl or contact poczta@konstpol.pl

30 | Rubb Industries AS

O.B.Wiik AS, Norway

O.B.Wiik is one of the Nordic countries’ largest suppliers of halls, work tents, tarpaulin, furniture and events, and was established in 1912.

It started with tarpaulins in 1912, since then O.B.Wiik has developed into a leading supplier of fabric buildings, work tents, and festival structures as well as tarpaulins and event products such as tents, tables and chairs. Most

products are available for both hire and purchase. The company is growing strongly and markets its products internationally. The company has exported its products to more than 100 countries.

O.B.Wiik AS has its own sales offices in Stavanger, Bergen and Trondheim with subsidiaries in Sweden and Denmark.

O.B.Wiik has 110 employees, and an annual turnover of approx. NOK 700 million.

What’s next?

In the coming years, O.B.Wiik will make wise and courageous choices and set clear priorities. Through value-creating interaction with our customers and other companies in the group, we shall ensure that we have good profitability, the best products, and the most climate-friendly solutions. O.B.Wiik has protected its values for more than 100 years!

For more information on O.B.Wiik AS, visit obwiik.no or contact obw@obwiik.no

O.B.Wiik | 31

O.B.Wiik A/S, Denmark

In Denmark, we have experienced and met a strong demand for our fabric building solutions as well as our work tent solutions. Internally, we have recruited highly qualified staff and externally we have secured sufficient capacity from our suppliers.

We foresee further growth opportunities in connection with the general market uncertainty, as a result of an increasing focus on risk aversion from our

customers.

O.B.Wiik can supply temporary weather shelters on both a sales and rental basis, so our customers can remain agile with a lower capital commitment and the same desired functionality.

We will focus even more on serving new and existing customers in the construction and industrial sector in the coming years.

What’s next?

O.B.Wiik Denmark expects to continue its growth by supplying more equipment and hiring more employees. We have many ambassador customers and will continue to work to improve ourselves throughout our value chain and improve our customer delivery and satisfaction. We have good standard solutions and excellent specialised solutions that require specific technical expertise in-house. We look forward to serving you!

For more information on O.B.Wiik Denmark, visit obwiik.dk or contact obw@obwiik.dk

32 | O.B.Wiik

O.B.Wiik AB, Sverige

O.B.Wiik AB is a wholly owned subsidiary of O.B.Wiik AS. The Swedish operation was started in 2001 as a branch of the Norwegian company and was established in Nykvarn outside Stockholm.

Today, the company has 18 employees and in 2022 had a turnover of approximately SEK 160 million, of which 85% is in hall, 10% on weather protection and the rest on merchandise.

O.B Wiik AB delivers all over Sweden and helps customers in a variety of segments and industries, everything from agriculture and the mining industry to logistics and construction.

In recent years, the company has succeeded in winning a number of larger deals. One example is the world’s largest tent hall, delivered to AstaZero, and measuring 700m long.

What’s next?

Operations in Sweden will continue to focus on profitable growth within halls and weather protection. Despite a clear slowdown in the Swedish economy, there are good conditions for growth, not least linked to large upcoming investments in industry but also in public construction. In addition to winning customers and business, a clear focus will be to improve operational efficiency, both locally, but also in collaboration with other companies within O.B.Wiik and Zurhaar.

For more information on O.B.Wiik AB, visit obwiik.se or contact sales@obwiik.se

O.B.Wiik | 33

O.B.Wiik Hall, Norway

O.B.Wiik Hall is a leading supplier of fabric halls in Norway.

O.B.Wiik Hall currently has 11 employees who work daily with customers in most industries in Norway. We have sales representatives in several cities throughout Norway, as we see that our customers value local anchoring and presence. We see that there are more and more areas of use and industries where our halls are

used, and we are grateful to be a player that customers want to use.

Our priority is to deliver tailor-made fabric buildings that meet the customer’s needs, while maintaining high-quality in all deliveries. In my mind it is quite simple: we have to deliver the right product, at the right time, with the right quantity. Completed on the right date, with the right time and cost. To the customer’s satisfaction.

What’s next?

Through continuous improvement, dedication, and a strong focus on quality, we look forward to continuing our work in O.B.Wiik Hall. We have a strong brand that we must take care of. We are grateful to our existing customers and look forward to welcoming new customers to our ever-growing family.

For more information on O.B.Wiik Hall, visit hall.obwiik.no or contact obw@obwiik.no

34 | O.B.Wiik

O.B.Wiik Utleie, Norway

O.B.Wiik Utleie AS handles all rentals of WiikHalls from O.B.Wiik. We have a large rental fleet in various shapes and sizes. We have traditionally adapted to the customer’s needs and are proud to be able to deliver everything from larger, complicated halls to smaller, simpler halls.

We are a supplier that helps the customer with temporary space needs, which can vary

both in duration and design. Our customers see us as a supplier who goes to great lengths to meet the customer’s needs, even if the need is a temporary solution.

O.B.Wiik Utleie AS works closely with the parent company O.B.Wiik AS. We are also fortunate to be able to use our sister company Plamek AS when it comes to assembly and dismantling of our rental halls.

What’s next?

We see an exciting future for the rental of fabric buildings at O.B.Wiik Utleie AS. We are determined to continue to be a leading player in the industry and offer customized solutions for our customers. We see a growing demand for temporary halls for various purposes, and by being able to offer innovative solutions for temporary storage and production, we contribute to a circular economy. We want to be a reliable partner for customers who value both sustainability and quality. We adapt to the customer!

For more information on O.B.Wiik Utleie, visit utleie.obwiik.no or contact obw@obwiik.no

O.B.Wiik | 35
Halvor Bernås CEO, O.B.Wiik Utleie

O.B.Wiik Event, Norway

O.B.Wiik AS’s events department saw the light of day towards the end of the 1980s. The turnover was around NOK 2 million a year and the largest customer base was the private sector and typical installations were in private gardens. Beyond the 1990s, turnover gradually increased and larger events such as the Kalvøya Festival and the Norway Cup became part of the portfolio.

Today, the department has a turnover of around NOK 40 million a year and is the industry leader. We have fixed agreements with major festivals and events such as Øyafestivalen, Tons of Rock, Vasaloppet in Sweden and many others.

We deliver all tents from 3m to 40m wide, 2 floors, stands, stages, furniture and all possible scaffolding solutions.

What’s next?

Going forward, we will primarily secure our position as market leader within the traditional events market. We also work aggressively and innovatively towards other markets where our products fit in, while at the same time we want to focus on profitability and the development of both employees and products.

For more information on O.B.Wiik Event, visit event.obwiik.no or contact obw@obwiik.no

36 | O.B.Wiik

O.B.Wiik International

O.B.Wiik International has served the humanitarian community in emergency zones with our Mobile Storage Tents since 1985. WiikHall buildings are mainly used for storage of food, workshops, temporary schools, and hospital wards. Our clients are UN and NonGovernmental organisations like UNHCR, UNICEF, World Food Programme, and International Federation of The Red Cross.

Our temporary and permanent structures are used today for everything from bulk storage, port warehouses, waste and recycling, construction, marine, military, and general warehousing.

We have extensively supplied to areas with harsh winds and heavy snow loads; as well as both hot and cold climates. WiikHalls have been installed in more than 100 countries on all continents.

What’s next?

There are great opportunities for our products. We are planning further investments in new markets through direct sales from our head office in Oslo, and together with strategic partners around the world. The company works actively with innovation and the development and new exiting solutions that will be launched continuously.

For more information on O.B.Wiik International, visit obwiik.com or contact obw@obwiik.com

O.B.Wiik | 37

O.B.Wiik Work Shelters, Norway

The Department for Work Tents and Trade Goods is located at Skedsmokorset outside Oslo and consists of 7 dedicated people. Our department has been around since the 1990s, and in 2019 they expanded with the larger work tents within the Instant series. Our customers need temporary covering. This can be in a construction phase, during production or only for storage of material.

The department also serves over 500 customers within the building materials industry’s dealer network. Pop-UP tents, tarpaulins in standard sizes, as well as related products such as fall protection nets and fasteners are sold here.

Our solid frame tents and furniture are popular products that have a long life and give very good value for the customer’s investment.

What’s next?

We’re forward-looking, listen to our customers, and will continue to focus on innovative and sustainable products that protect and preserve values. Further development of flexible coverings with smart solutions will make O.B.Wiik an attractive supplier when it comes to choosing products. We will continue to provide the service our customers deserve.

For more information on O.B.Wiik Work Shelters, visit shelter.obwiik.no or contact obw@obwiik.no

38 | O.B.Wiik

O.B.Wiik Tech Textiles, Norway

From the beginning in 1912, tarpaulins have been one of the mainstays of O.B.Wiik’s product portfolio, and we take pride in offering solutions that meet the customer’s demands for expertise, quality, and price. From the simplest tarpaulins to complicated special assembly jobs, O.B.Wiik Tech Textiles has great expertise and experience in finding the optimal solution

in close cooperation with our customers.

Our own production in Norway ensures our customers are close to the production and we have great flexibility to prioritize our deliveries.

O.B.Wiik Tech Textiles also has a large network of external manufacturers who assist with larger deliveries.

What’s next?

With sustainability as the foundation of our operations, O.B.Wiik Tech Textiles will continue to be a leading company in the production and innovation of solutions in technical textiles adapted to the customer’s needs.

For more information on O.B.Wiik Tech Textiles, visit tech.obwiik.no or contact obw@obwiik.no

O.B.Wiik | 39

Zurhaar Marketing Department

The Zurhaar Marketing Department (ZMD) is based in the UK, with offices inside Rubb UK’s Gateshead HQ. From there, ZMD services all the Zurhaar, Rubb Industries AS, and O.B.Wiik companies worldwide.

ZMD has four main features which encompass all of its activities: first, ensure all OPCOs receive a high number of quality enquiries; second, promote all brands in the Group

to ZMD’s marketing standards; third, ensure that all materials and resources are correctly archived and easily accessible; and fourth, offer the ability to perform market research for OPCOs.

The department tackles everything from social media to VR tours—and everything in between. Most recently, ZMD were behind the eco-friendly rebrand of Renthall and have designed this very magazine!

What’s next?

Looking forward, ZMD will continue to expand both its team and skill set in order to best service the many OPCOs within the Group. In particular, the team is working to bolster their video editing skills with regard to motion graphics, as well as looking into cutting-edge AI solutions to improve efficiency.

For more information on the Zurhaar Marketing Department, contact marketing@rubbuk.com

40 | Shared Services

O.B.Wiik Purchasing Department

O.B.Wiik Purchasing Department is located in Skedsmokorset, Norway.

We serve the business units within the group with purchasing and project services, and we take pride in delivering high-quality products at competitive terms from our supplier network.

Our main goal is to secure profitability and competitiveness through

What’s next?

professional purchasing work.

We strive to design a cost-effective, efficient, and sustainable supply chain with focus on customer satisfaction. We deliver on time, with a minimum of in-between storage and with a minimum of waste.

We handle a wide range of projects, and secure production capacity from the smallest project to the biggest.

We look forward to getting to know all the companies in the group, and identifying how the O.B.Wiik Purchasing Department can be of service.

For more information on the O.B.Wiik Purchasing Department, contact obw@obwiik.no

Shared Services | 41

O.B.Wiik Technical Department

The Technical Department in O.B,Wiik is manned by eight engineers who share the responsibility for all design and construction activities, e.g.: Provide engineering services for all deliveries/sales of OBW and Rubb; Develop new products and cost-effective solutions; Supporting the sales organization in sales activities and quotations.

All steel structures are made

in “state-of-the-art“ design-tool Tekla.

We develop and maintain a high-quality Tekla database for all standardized structures, which enables fast development of new alternative solutions to meet client demands.

Tekla models are also the basis for installation through use of model information at building sites. All calculations and verifications are done inhouse by our dedicated team.

What’s next?

We look forward to contributing across the new family of companies, enabling the use of our structures in more markets, and supporting across companies and borders.

For more information on the O.B.Wiik Technical Department, contact obw@obwiik.no

42 | Shared Services

Zurhaar IT (ZIT) is located at Rubb Industries’ head office in Lysaker outside Oslo.

ZIT is responsible for and serves all Zurhaar, Rubb Industries, and O.B. Wiik’s companies worldwide.

ZIT’s goal is to optimize and secure technology for the organisation’s success through ensuring reliable infrastructure, secure systems, data protection, user support,

and innovation.

ZIT also develops Office 365 solutions to streamline and improve the group’s processes.

By leveraging the tools in Office 365, ZIT aims to improve collaboration, communication, and productivity across all departments and companies.

ZIT’s goal is to strengthen the group with efficient and integrated solutions.

What’s next?

ZIT’s plan is to further develop collaboration in the organization by utilizing Office 365 as a key tool. ZIT aims to promote the use of SharePoint, Teams, and other Office 365 functions to facilitate seamless communication, support various processes, document sharing, knowledge sharing, and project collaboration to increase productivity and teamwork across companies, departments, and national borders.

For more information on Zurhaar IT, contact tor.mundal@rubb.com

Shared Services | 43
Zurhaar IT
ZURHAAR

New projects in the Property Division

Nesttunveien 100

New financial centre in Bergen South

Sparebank 1 SR-Bank has signed a lease agreement with Nesttunveien 100 AS and is moving into premises in a new building to be erected on the last remaining site in Nesttun centre in the summer of 2025.

Here, SR-Bank will gather several of its companies in a financial centre in the heart of Nesttun.

Facts

• Area: approx. 2,200 m²

• To be environmentally certified according to a high BREEAM class

• Nesttunveien 102 and Nesttunveien 98 will also be upgraded

• Solberggården, which faces Nesttunveien, will be renovated and restored to its former glory

• Total project cost NOK 140 million

Askøyparken

In connection with AMFI Askøy, there are plans for a significant expansion with a business area of approximately 12-15,000 m², as well as approximately 250 apartments.

The project is supported by all parties in Askøy municipality.

The project is now being processed into the municipality’s development plan, which is likely to be adopted in 2024. Once the project is included in the plan, the work on detailed regulation can be completed.

The expected start-up for the project is 2026/2027.

44 | New projects

Solberggården

In connection with the Nesttunveien 100 project, Solberggården will also be rehabilitated. The facade of the property is worth preserving, so the work must be carried out carefully to return the property to its former glory in the summer of 2025.

The building has commercial space on the 1st floor, as well as apartments on the second and third floors.

Apeltunvegen 2

This property housed the Fana Police Station for many years. Recently, there have been various office activities in the building, but now the building will be refurbished, the facade will be renewed to make room for new tenants.

There will be a shop on the ground floor, two restaurants on the first floor and a healthrelated business on the entire second floor. In addition, the apartments on the third floor will be refurbished to 2023 standards before letting.

New projects | 45
Concept of the renovated property from b+b ARKITEKTER AS.

Installing solar power across our properties

A project is underway to look at the possibility of establishing solar cells on most of our buildings. This is part of our commitment to achieve sustainable energy use in the properties.

Shopping centres

Olav Thon Gruppen is Norway and Sweden’s largest shopping centre operator, owning and managing over 80 shopping centres in Norway.

For the past 10 years, Olav Thon Gruppen has managed AMFI Askøy and AMFI Nesttun (including the shops in the pedestrian street) on our behalf.

AMFI Nesttun

AMFI Askøy

*In 2021, there was high turnover growth in small & medium centres due to the pandemic.

46 | Shopping centres
Turnover % change Visitors % change 2021* 515.463.660 16,2 1.510.088 1,1 2022 501.999.916 -2,6 1.594.707 5,6 2023, week 25 235.923.973 +1 783.386 +4,8
Turnover % change Visitors % endring 2021* 360.038.375 0,8 940.093 0,8 2022 339.309.176 -5,8 949,425 +1 2023, week 25 166.328,879 +7,4 473.669 +8,5

Employee spotlight

Andreas Lindqvist

O.B.Wiik AS, joined in 2016

Andreas started in the summer of 2016 as a seasonal employee, but got a permanent job due to excellent performance.

His daily tasks are to ensure correct deliveries from the warehouse both to the Work Shelters and Event Divisions.

In between, he also works outside to assemble both work shelters and event structures.

These varied tasks makes for an interesting workday, where there are always new challenges to make the most of his skills and acquire new ones.

Andreas has found O.B.Wiik a fantastic workplace with many good colleagues who go out of their way to help each other.

Trond Henriksbø

Zurhaar AS, joined in 2004

With Trond’s background as a mechanic and handyman, he fit in well as the operations manager for Zurhaar’s properties.

After almost 20 years in the company, he knows every nook and cranny of Zurhaar’s properties, and has a good overview of technical facilities and operating machines.

Trond is in daily contact with tenants in the Bergen region, and enjoys being part of a team that goes to great lengths to ensure that the tenants are satisfied. He really enjoys his job, and thinks it’s fantastic fun to have a varied working day where he gets to use his skills for the best for Zurhaar and their tenants.

Carole Clelland

Rubb Buildings Ltd, joined in 1978

Carole started in 1978—straight from school at age 16—just one year after Rubb UK was founded. “The jobs have gotten bigger, but so have our machines. They’re so advanced now—everything used to be done by hand, from eyelets to cutting.”

So after 45 years at Rubb—what’s the verdict? “Rubb’s a good company to work for. When I first joined the Haldorsen family were here regularly. They set the pace for the company and were just genuinely nice—they always got stuck in with us down the factory. Rubb still feels like a family business all these years later.”

Employee spotlight | 47
© Zurhaar AS. All rights reserved. ZURHAAR +47 55 11 22 50 www.zurhaar.no firmapost@zreiendom.no Postboks 131 Nesttun, 5852 Bergen UK MOD © Crown copyright 2023

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