Endúr ASA – Contract award Endúr Maritime

06 Sep 2024 11:56 CEST

Endúr Maritime AS (“Endúr Maritime”), a wholly owned subsidiary of Endúr ASA
(“Endúr”) has today been awarded a framework contract for The Norwegian Defense
(“Forsvarets Logistikkorganisasjon” / “FLO”) regarding maintenance and
modifications of The Norwegian Royal Ship (“Kongeskipet Norge”).

The contract has a total estimated value of NOK 80-100 million with a contract
period of 48 months from September 2024. The contract’s scope of work includes;
general annual maintenance, 2.5-year classification, 5-year classification and
operations such as surface treatment, cleaning, steel- and wood-works and
maintenance of engine and control systems.

“We are delighted with this award and consider the contract to be of great
strategic importance to Endúr Maritime. The contract’s scope lies within the
core competencies of Endúr Maritime and we very much look forward to extending
our strong relationship with FLO”, says Leiv Helge Klævold, General Manager of
Endúr Maritime.

(ENDS)

For further information, please contact:

Media
Leiv Helge Klævold, General Manager of Endúr Maritime, tel: +47 908 72 067
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 specialized project and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endur.no.

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