Key information related to dividend payment

07 May 2025 17:06 CEST

Haugesund, 07 May 2025: Reference is made to the stock exchange announcement
from Reach Subsea ASA sent today with notice for the Annual General Meeting 28
May 2025. The Board of Directors of Reach Subsea ASA has decided to propose to
the General Meeting a dividend of NOK 0.42 per share on the basis of the
company's financial statements for the financial year 2024.

Key information relating to cash dividend to be paid by Reach Subsea ASA:
Dividend amount: 0.42 per share
Declared currency: NOK
Date of approval: 28 May 2025
Last day including right: 28 May 2025
Ex-date: 30 May 2025
Record date: 2 June 2025
Payment date: on or about 11 June 2025

Contact information:
Birgitte Wendelbo Johansen
Chief Financial Officer
Reach Subsea ASA
bwj@reachsubsea.no

About Reach Subsea:
Our services are delivered through a fleet of vessels, supported by offices in
Norway, Sweden, the UK, the US, Brazil, Cyprus, Trinidad, Australia, and
Singapore. We currently employ close to 500 people across both offshore and
onshore locations. The company operates a wide range of work and survey ROVs
from its fleet of vessels, ranging from smaller survey, IMR, and light
construction vessels to highcapacity subsea construction vessels. Operations are
performed by highly qualified offshore personnel and supported by competent
onshore engineering resources. The Group’s objective is to offer high quality
solutions and technology to clients in need of ocean data and services. Our
vision, 'Sustainable access to ocean space,' underpins our commitment to
developing sustainable solutions while carefully balancing the interests of all
our stakeholder groups.

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act. This stock exchange announcement
was published by Jorunn Håvardsholm, Communications and Marketing Director at
Reach Subsea AS on the time and date provided.

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