Endúr ASA – Totalbetong set up for exclusive negotiations

10 Dec 2025 15:24 CET

10 December 2025 – Total Betong AS («Totalbetong»), a wholly owned subsidiary of
Endúr ASA («Endúr»), has today received confirmation that it will be set up for
exclusive negotiations with a real estate developer regarding the construction
of a sizeable new office building (“The Project”). The Project has an estimated
value of NOK ~1+ billion and is scheduled to commence in H2 2026, with an
estimated building period of 3 years. The Project will not be included in
Endúr’s firm backlog before a binding contract is in place.

(ENDS)

For further comments, contact:

Media:
Kurt Helland, General Manager of Totalbetong: +47 982 41 857
Jeppe Raaholt, CEO of Endúr: +47 976 69 759

Investors:
Einar Olsen, CFO of Endúr: +47 924 01 787

About Endúr
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance
projects and services for infrastructure, including facilities for land-based
aquaculture, quays, harbours, dams, bridges and other specialized concrete and
steel projects. The company and its subsidiaries also offer a wide range of
other specialized project and marine services. Endúr ASA is headquartered in
Lysaker, Norway. See www.endur.no.

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