Contract award Fjord Defence

24 Jun 2025 07:00 CEST

Oslo, 24 June 2025

Fjord Defence Group ASA ("Fjord Defence Group" or the "Company") is pleased to
announce that its subsidiary, Fjord Defence AS, has been awarded a contract from
a repeat customer to deliver mounting equipment for military vehicles. The
contract has a nominal value of approximately NOK 8 million and will be
delivered during the fall of 2025. The customer is a well reputed Northern
European producer of military vehicles and Fjord Defence is currently delivering
to the client on a continuing basis.

CEO of Fjord Defence Group, Jon Asbjørn Bø comments: “We are pleased with the
longstanding relationship we have with this client and are happy they keep
coming back to us for more products. We are also pleased that they are now
signalling higher needs for our products than earlier estimated also for 2026”

For more information please contact:

Jon Asbjørn Bø
jon.asbjorn.bo@fjorddefence.com
+47 930 86 932


About Fjord Defence Group ASA

Fjord Defence Group ASA, "DFENS" is a Norwegian "compounder" listed on Euronext
Expand seeking to acquire and develop fast-growing, profitable, and well-run
companies in the defence industry. The company has a buy & build strategy, with
focus on acquiring established, profitable businesses within the defence,
security and related segments. More information on www.fjorddefencegroup.com.

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This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rule Book II.

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