Aker ASA: First Quarter Results 2025 - Net Asset Value of NOK 61.9 billion

09 May 2025 07:00 CEST

The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK
61.9 billion at the end of the first quarter 2025, compared to NOK 58.2 billion
at the end of the fourth quarter 2024. Aker's Annual General Meeting has
approved a dividend of NOK 26.50 per share to be paid in May 2025.

"While our Q1 results reflect a strong start to the year, the world has shifted
significantly since the quarter closed. The emergence of a global trade conflict
has introduced new uncertainty into the global economy, with implications that
continue to evolve. In parallel, we have announced important portfolio actions
designed to address specific challenges and enhance our long-term positioning.
Against this backdrop, our quarterly performance may feel like a snapshot from a
different time. However, it is precisely during times of volatility that Aker's
strengths come to bear and enable us to continue to deliver value and capitalize
on emerging opportunities," said Øyvind Eriksen, President and CEO of Aker ASA.

"Partnerships remain key. Collaborations with companies like SLB and other
global players help us unlock new opportunities. These partnerships are built on
trust in Aker's ability to combine industrial expertise with financial strength.
By taking decisive action in Aker Horizons, as announced this morning, we are
committing Aker's full resources to support existing collaborations and pursue
future opportunities - reducing uncertainty and creating a stronger foundation
for long-term value creation."

At the time of results publication, Aker also announced transactions with Aker
Horizons and Aker Carbon Capture, respectively. Please see the company
announcements for additional information on the transaction elements.

Key financials - first quarter 2025

.    GAV:    NOK 68.7 billion
.    Listed assets:    NOK 47.7 billion
.    Unlisted assets:    NOK 14.2 billion
.    NAV:    NOK 61.9 billion
.    NAV per share:    NOK 834
.    Share price:    NOK 622
.    Dividend to be paid:    NOK 26.50 per share
.    Liquidity:    NOK 9.3 billion* of which NOK 1.1 cash and liquid funds

(*incl. undrawn credit facilities)

The quarterly webcast presentation and materials are available at
www.akerasa.com and www.newsweb.no

-END-

Media contact:
Atle Kigen, Head of Media Relations and Public Affairs, Aker ASA
Tel: +47 90 78 48 78
E-mail: atle.kigen@akerasa.com

Investor contact:
Svein Oskar Stoknes, Chief Financial Officer, Aker ASA
Tel: +47 94 80 46 43
email: svein.stoknes@akerasa.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Laila Hop, Paralegal, Aker
ASA, on May 9, 2025, at 07:00 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

645865_Aker_ASA_1Q_2025_Presentation.pdf
645865_Aker_ASA_Q1_2025_CEO_Letter.pdf