Fjord Defence Group ASA – Scanfiber Composites A/S Secures Strategic Maritime Armor Contracts for NATO Member

26 May 2026 08:00 CEST

26 May 2026

Oslo, Norway – Scanfiber Composites A/S, a subsidiary of Fjord Defence Group
ASA, specializes in advanced ballistic protection systems utilizing
ultra-lightweight materials. While the company maintains a strong long-term
backlog for Spall Liners and Add-on Armour for Armoured Personnel Carriers
(APCs) and Scout vehicles, it also leverages over 25 years of expertise in
specialized maritime protection solutions.

The company has recently been awarded two orders for its specialized Add-on
Armour systems for naval vessels within a NATO country, totaling a contract
value of approximately NOK 12 million. The first order covers protection for two
vessels with delivery in Q3 2026, while the second encompasses 10 vessels with
deliveries commencing in the second half of 2026.

Erik B. Christensen, CEO of Scanfiber comments; "These two orders represent a
strategically important milestone for Scanfiber's maritime division. We note
that current security demands translate into new naval builds, leading to a
marked increase in requests for maritime armor. We have prepared our
organization for this growth and look forward to expanding our footprint in this
sector over the coming years."

The contracts will be added to the Group’s backlog effective immediately.

For further information, please contact:
Jon Asbjørn Bø, CEO
JAB@fjorddefence.com
+47 930 86 932

ABOUT FJORD DEFENCE GROUP ASA Fjord Defence Group ASA ("DFENS") is a Norwegian
"compounder" listed on Euronext Oslo Børs seeking to acquire and develop
fast-growing, profitable, and well-run companies in the defence industry. The
company has a buy & build strategy, with focus on acquiring established,
profitable businesses within the defence, security and related segments. More
information on 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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