Endúr ASA - Contract awards Igang

28 Apr 2025 09:53 CEST

28 April 2025 – Igang Totalentreprenør AS (“Igang”), a wholly owned subsidiary
of Endúr ASA (“Endúr”), has won two bids with a combined total value of NOK 115
million.

Igang will act as main contractor for Kvitsøy municipality for the construction
of the new Kvitsøy school in Rogaland. The scope of work includes the turnkey
delivery of the building, excluding groundworks. The contract has a value of
approximately NOK 65 million. Building is expected to commence in Q3 2025 with a
building period of 18 months.

Igang will act as main contractor and turnkey supplier for TPG Home and Westco
Eiendom for the construction of 3 residential buildings with 12 apartments in
Sandnes in Rogaland. The contract has a value of approximately NOK 50 million.
Building is expected to commence in Q2 2025.

ENDS

For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Rønnaug Egeland, General Manager of Igang, tel: +47 934 39 660

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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