Moreld ASA: Conversion to public company (ASA) and new name registered

06 Jun 2025 13:00 CEST

Stavanger, 6 June 2025: Reference is made to the stock exchange announcement
by Moreld AS ("Moreld" or the "Company") on 20 May 2025 regarding the annual
general meeting held the same day, where it was resolved, among other things,
to change the Company's legal form from a private limited liability company to
a public limited liability company (ASA) in connection with the contemplated
transfer of the Company's shares from Euronext Growth Oslo to Euronext Oslo
Børs.

The conversion of the Company's legal form and the accompanying name change to
"Moreld ASA" have now been registered with the Norwegian Register of Business
Enterprises.

For more information, please contact:

CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com

CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com

About Moreld

Moreld is an industrial multi-disciplinary engineering group offering
full-scope services across the offshore energy and marine industries including
subsea installations. The group comprises Moreld Apply, Ocean Installer and
Global Maritime. Moreld is a major player on the Norwegian continental shelf
with an international footprint. The Group is located in 19 countries, giving
access to all major offshore markets, and has over 2,800 employees and
contractors. For more information, please visit https://moreld.com/.

This information is subject to the disclosure requirements pursuant to the
Euronext Growth Rule Book part II.

More information:
Access the news on Oslo Bors NewsWeb site

648626_Moreld ASA- Conversion to public company (ASA) and new name registered.pdf