Solstad Maritime ASA - Contract Award for CSV Normand Ocean

14 Nov 2025 07:30 CET

Skudeneshavn, 14 November 2025

Solstad Maritime ASA (SOMA) is pleased to announce that the Construction Support
Vessel (CSV) Normand Ocean has been awarded a new very large contract* with
DeepOcean AS.

The contract has a firm duration of three years, plus two yearly options, and is
scheduled to commence in 1Q 2027.

26 June 2024, SOMA announced a five-year firm contract with Prysmian for the
Normand Ocean. This contract will instead be covered by another CSV from the
SOMA-fleet.

Both vessels will then have firm commitments from long-term Clients of Solstad
into next decade.

*SOMA defines a very large contract as being between: USD 50 million and USD 100
million.

Contacts:

Lars Peder Solstad, CEO: +47 91 31 85 85

Kjetil Ramstad, CFO: +47 90 75 94 89

Solstad Maritime ASA

www.solstad-maritime.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.

The information was submitted for publication by CFO Kjetil Ramstad at the date
and time set out herein, on behalf of the Company.

More information:
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