Solstad Maritime ASA: Presentation of First Quarter 2026 results

07 May 2026 07:00 CEST

Skudeneshavn, 7 May 2026

Solstad Maritime ASA (SOMA) is pleased to present its financial results for the
first quarter of 2026.

CEO Lars Peder Solstad states:

"The quarter delivered solid operational and financial performance, driven by
strong activity and improved utilization across the fleet."

· Adjusted EBITDA of USD 103 million in the quarter compared to USD 82 million
same quarter last year

· Total order intake of USD 177 million in the quarter resulting in a book-to
-bill ratio of 1.0x.

· Agreement reached with existing lenders to increase leverage through an
incremental USD 100 million facility, enhancing financial flexibility

· Distributes cash dividend for Q1 2026 of USD 0.086/share, totaling USD ~40
million

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 907 59 489

Solstad Maritime ASA

www.solstad-maritime.com

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

More information:
Access the news on Oslo Bors NewsWeb site

672616_Solstad_Maritime_Q1_2026_Presentation.pdf