IWS Fleet extends a strategic agreement and strengthens the backlog

19 Dec 2025 12:28 CET

Integrated Wind Solutions ASA (“IWS”) is pleased to announce that its
subsidiary, IWS Fleet has agreed to a two-year extension of a current strategic
agreement for the European region with an existing client. This secures
continuity through 2029, with options to extend until 2032. This new agreement
also opens opportunities to engage in projects across the Asia-Pacific region.

As part of this agreement, IWS Fleet has secured approximately 600 days of
employment for 2028, in addition to about 180 optional days stretching into
early 2029. Several Skywalker-class CSOVs will be involved with expected
start-ups in Q1 and Q2 2028. This will add about EUR 36m to the charter backlog,
assuming extension options are exercised, corresponding to a 36% increase over
the backlog reported at the end of Q3 2025.

Including the option days announced in the press release on 5 December 2025, IWS
Fleet has now secured 35% of available days for 2028, including extension
options.

For investor relations queries, contact

Marius Magelie
Group CFO, Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com

For press queries, please contact

Lars-Henrik Røren
CEO, Integrated Wind Solutions
Phone: +47 98 22 85 06
E-mail: lhr@integratedwind.com

About IWS:
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry, combined with a suite of adhering services. The
Company owns approximately 75% of IWS Fleet, which operates six Commissioning
Service Operation Vessels. Furthermore, IWS owns the offshore wind supply-chain
service company, IWS Services A/S, and a 49% shareholding in the independent
advisor, consultancy, data intelligence, and wind farm operator firm PEAK Wind
Group.

Integrated Wind Solutions ASA is listed on Euronext Oslo Børs under the ticker
“IWS”.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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