Solstad Maritime ASA - Multiple Contract Awards Brazil and North Sea

09 Dec 2025 15:37 CET

Skudeneshavn, 09 December 2025

Solstad Maritime ASA ("SOMA") is pleased to announce multiple new contracts for
several construction support vessels: Normand Navigator, Normand Cutter, and
Normand Jarstein.

The combined firm period of these project related contracts is approximately 175
days, with an additional 150 optional days. Commencement is scheduled for
December 2025 and January 2026.

The contracts for Normand Navigator and Normand Cutter include additional
services such as ROV operations and survey activities connected to their
projects in Brazil. For Normand Jarstein, only limited additional services are
to be delivered for its assignments in the North Sea.

The combined gross value of the firm contracts is approximately USD 25 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

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