Fjord Defence Group ASA – Fjord Defence AS awarded new contract valued at NOK 22 million

12 Jan 2026 08:00 CET

Oslo, 12 January 2026
Fjord Defence Group ASA is pleased to announce that its wholly-owned subsidiary
Fjord Defence AS has been awarded a new contract valued at approximately NOK 22
million from a customer in a European NATO country.

The contract involves the supply of advanced equipment for integration on
military vehicles. Deliveries are expected to commence in the first quarter 2026
and through the coming years.

Harald Lunde, CEO of Fjord Defence AS, comments: “This contract award
underscores the strong demand for our high-performance mounting and
stabilization solutions among NATO allies. We are proud to contribute to
enhancing operational capabilities for armed forces in a key European market,
and this order further strengthens our order backlog and visibility for
continued growth.”

The contract strengthens Fjord Defence AS' position as a trusted supplier of
specialized defence equipment to NATO forces.

For further information, please contact:
Jon Asbjørn Bø, CEO Fjord Defence Group ASA
jab@fjorddefence.com
+47 930 86 932

About Fjord Defence Group ASA
Fjord Defence Group ASA ("DFENS") is a Norwegian defence compounder listed on
Euronext Oslo Børs, focused on acquiring and developing fast-growing, profitable
companies within the defence and security segments. The Group's current
portfolio consists of Fjord Defence AS and Scanfiber Composites A/S. More
information at www.fjorddefencegroup.com.

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

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