Mr. Mohammed Bakhashwain reports

BITZERO TAPS TOP GENERAL CONTRACTOR SKANSKA FOR THE DELIVERY OF ITS FLAGSHIP DATA CENTER IN NORWAY

Bitzero Holdings Inc. has entered into a project development agreement with Skanska for its flagship Norway data centre site. Skanska is one of the largest and most established construction companies in the region, with a deep record delivering large-scale, technically demanding infrastructure projects. The agreement brings recognized, institutional-calibre construction capability into the Norway delivery framework, alongside Bitzero's previously announced partnership with Vertiv and provides the company with greater certainty in planning as it prepares for the next phase.

Skanska will work alongside Vertiv to support the buildout of a turnkey, built-to-spec data centre at the Norway site. Together, the two partners are expected to support the full scope of project delivery, spanning engineering and design, procurement, construction, and systems integration. The combination supports the development of an investment-grade ecosystem for execution in Norway for Bitzero, with responsibilities spanning from design through to operational readiness. The engagement of Skanska and Vertiv reflects Bitzero's continued focus on assembling an institutional delivery ecosystem capable of delivering to the best-in-class standards expected by hyperscale, enterprise and institutional tenants.

"With demand for Nordic capacity growing, we are positioning the Norway site for competitive and high-quality delivery," said Bitzero founder and chief executive officer Mohammed Bakhashwain. "Bringing Skanska in as a partner alongside Vertiv gives us a genuinely investment-grade execution stack in Norway -- from engineering and design through to systems integration. This is what building a platform looks like in practice: we are advancing site readiness, power infrastructure and delivery capability so we can execute efficiently and to specification on this site and further assets in our portfolio."

"We are delighted to be partnering with Bitzero on the development of this facility and to become part of its long-term delivery ecosystem," said Pal Magnus Aglen, executive vice-president, Skanska Norway. "This agreement reflects our strategy of offering data centre developers a one-stop-shop approach, collaborating with customers from an early stage to develop and build their projects. Together with specialist partners such as Vertiv, we bring complementary capabilities across the value chain, tailored to the needs of the data centre sector. Projects of this scale and technical complexity require disciplined planning, experienced execution, and clearly defined responsibilities. We look forward to working alongside Bitzero and Vertiv to develop a data centre that meets the performance and reliability standards its customers will expect."

The agreement follows a series of operational milestones at the Norway site, including completion of initial civil works, with all long-lead power items expected to arrive shortly, as well as the strengthening of Bitzero's delivery ecosystem.

The company intends to provide further updates as procurement, development and leasing activities progress across its Nordic sites in the near future.

About Bitzero Holdings Inc.

Bitzero Holdings is a provider of IT energy infrastructure and high-efficiency power for data centres. The company focuses on data centre development, high performance compute (HPC) and strategic data centre hosting partnerships. Bitzero Holdings has four data centre locations in the North American and Nordic regions, with its Nordic assets powered by clean, low-carbon energy sources.

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