Endúr ASA: Notice of exercise of call option

02 Mar 2023 16:19 CET

Endúr ASA has today notified Nordic Trustee AS of the exercise of its call
option for the remaining outstanding bonds in the bond issue "Endúr ASA FRN
Senior Secured Open Callable NOK 1,100,000,000 Bonds 2021/2025" (ISIN
NO0010935430) with original maturity date 3 March 2025, and each Bondholder is
hereby given notice thereof.

The entire bond will be repaid at 103.68 per cent of the Nominal Amount (plus
accrued and unpaid interest on the redeemed bonds), with settlement date 16
March 2023 (being the date falling 10 Business Days after the date of the Call
Option Notice).

For information relating to the exercise of the Call Option etc. reference is
made to the attached notice from Nordic Trustee AS.


* * *

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

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.

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584181_NO0010935430_MD_20230302.pdf