Moreld announces NOK 0.42 dividend distribution

14 Nov 2025 07:05 CET

Stavanger, 14 November 2025: Reference is made to the stock exchange
announcement made by Moreld ASA ("Moreld" or the "Company") on 14 February
2025, where Moreld announced its new dividend policy. Reference is further
made to Moreld's stock exchange announcement on 20 May 2025 regarding the
annual general meeting's resolution to inter alia authorise the board of
directors to resolve and distribute dividends based on the annual accounts for
2024.

The dividend policy of Moreld is to pay dividends to the Company's
shareholders on a quarterly basis. Dividend distributions are intended to be
resolved alongside the board of directors' approval of quarterly financial
statements in February, May, August and November each year, provided however
that the frequency, timing and amount of dividends are at the discretion of
the board. Moreld aims for a distribution ratio of between 40% and 60% of
adjusted net profits over time.

The board of directors of Moreld has today resolved to distribute a dividend
in the amount of NOK 0.42 per share, in total approximately NOK 75 million,
for Q4 2025. The dividend is expected to be paid on or about 26 November 2025.
For tax purposes, the dividend will be regarded as repayment of paid-in
capital, except for shareholders where it is documented that the paid-in
capital is lower than the distribution, in which case the distribution will be
treated as ordinary dividend.

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 section
5-12 of the Norwegian Securities Trading Act and the Euronext Oslo Børs Rule
Book II.

More information:
Access the news on Oslo Bors NewsWeb site

659698_Moreld announces NOK 0.42 dividend distribution.pdf