Endúr ASA – Option exercised for Endúr Maritime

12 Apr 2024 14:04 CEST

Reference is made to stock exchange announcement published on 20 April 2023.

Endúr Maritime AS (“Endúr Maritime”), a wholly owned subsidiary of of Endúr ASA,
has today been notified that The Norwegian Defense / Forsvarets
Logistikkorganisasjon (“FLO”) will exercise its option to prolong the ongoing
framework contract involving maintenance, repairs and upgrades of the Norwegian
Royal Navy’s ship fleet (Norwegian: “Avlastningsavtalen”). The option period
starts on 9 October 2024 and lasts for a period of 6 months. The option has an
estimated value of NOK 50 million.

ENDS

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 ASA
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 specialized
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, Norway. See www.endur.no.

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