Akastor ASA: Sale of Skandi Atlantic by DDW Offshore

14 Jan 2026 12:53 CET

Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has
today completed the sale of "Skandi Atlantic" for a purchase price of USD
22.75 million. The agreement was entered into on Saleform 2012 terms, suitably
amended, and the transfer took place today concurrently with charterer's
consent, which was a condition precedent for completion under the sales
agreement.

USD 8 million of the purchase price will be used to repay a proportional
portion of DDW Offshore's debt. Remaining debt with DDW Offshore will be USD
16 million.

For further information, please contact:

Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
oyvind.paaske@akastor.com

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

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About DDW Offshore:

DDW Offshore owns two modern Anchor Handling Tug Supply (AHTS) vessels (Skandi
Emerald and Skandi Peregrino) with capability to operate and support clients
on a world-wide basis. The vessels are specially designed to perform
anchor-handling, towing, and supply services at offshore oil and gas fields.

For further information, please visit homepage: https://www.ddwoffshore.com
(https://www.ddwoffshore.com/)

Akastor is a Norway-based oil-services investment company with a portfolio of
industrial holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.

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