HMH HOLDING B.V.: KEY INFORMATION RELATING TO FULL REDEMPTION OF BONDS

17 Dec 2025 14:50 CET

Reference is made to the announcement made by HMH Holding B.V. (the "Company")
on 9 December 2025, where the Company gave notice of exercise of the call option
for the remaining outstanding bonds under the 9.875% Senior Secured Bonds
2023/2026 (HMHH02) with ISIN NO 0013063495 (the "Bond Issue"). The Company has
today notified Nordic Trustee AS that the call option notice is now
unconditional and that it will exercise the call option to redeem all
outstanding bonds under the Bond Issue.

The bonds will be repaid at a price equal to 103.292 per cent of nominal value
plus accrued and unpaid interest up until the date of redemption, with the call
redemption date scheduled for 23 December 2025.

For more information, please contact:
Tom McGee, Chief Financial Officer
Mobile: +1 281 371 4985
E-mail: Thomas.McGee@hmhw.com

About HMH
HMH is a premier drilling solutions provider, which was formed as an independent
company in October 2021 through the merger of Baker Hughes' (NYSE: BKR) Subsea
Drilling Systems business and Akastor ASA's wholly owned subsidiary, MHWirth AS.

HMH combines integrated delivery capabilities, capital, renowned industry
expertise and delivers the full range of offshore drilling equipment products
and packages at scale. HMH aims to support the industry's transition toward more
energy-efficient solutions, as well as deploying technologies and service
solutions to make the sector more competitive through increased drilling
efficiency. Moreover, the Company's service and technology portfolio will be
utilized as a springboard for future growth, both within drilling services and
when pursuing opportunities towards adjacent industries such as renewables and
mining.


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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