Endúr ASA: Parent – Subsidiary Mergers Completed

30 Nov 2022 12:57 CET

To simplify the Group structure and to remove unnecessary layers, Endúr ASA has
previously entered into separate merger plans with the subsidiary Endúr Invest
AS and with the subsidiary Endúr Bidco AS, ref. the Stock Exchange Announcement
dated 30.06.2022. The mergers have been prepared in accordance with the
simplified rules for mergers between parent companies and their fully owned
subsidiaries in the Norwegian Public Limited Liability Act section 13-24.

The merger plans have been approved by the boards of the above entities in
accordance with the Norwegian Public Limited Liability Act section 13-24 (2)
no. 3, and the creditor period has now expired without any claims or objections
being received. Notices are therefore given to the Norwegian Register for
Business Enterprises that both mergers shall be registered as completed.

This information is published in accordance with the requirements of the
Continuing Obligations.
For further information, please contact: Media - Jeppe Raaholt, CEO of Endúr,
tel: +47 976 69 759 Investors – Einar Olsen, CFO of Endúr, tel: +47 924 01 787

About Endúr
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance
projects and services for marine infrastructure, including facilities for
land-based aquaculture, quays, harbours, dams, bridges and other specialised
concrete and steel projects. The company and its subsidiaries also offer a wide
range of other specialised project and marine services. Endúr ASA is
headquartered in Lysaker, Bærum, Norway. See www.endur.no

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

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