Fjord Defence Group ASA – Fjord Defence Marine AS wins framework agreement worth up to NOK 113 million

Oslo, 10 June 2026

Fjord Defence Marine AS announces today that the company has won a significant framework agreement.

The agreement has a duration of seven years with options for an additional 2 + 2 years. The contract has an estimated value of up to NOK 113 million. Prices are fixed for the first three years, with indexation from year four and onwards. The contract is expected to require limited working capital while delivering a strong margin profile.

Trond Underhaug, CEO of Fjord Defence Marine AS, comments: “We are very pleased to have secured this framework agreement. This is a long-term and predictable contract that will provide us with stable revenues over many years. Formally becoming part of the Fjord Defence Group also gives us significant synergies and increased market strength. We look forward to a strong collaboration with the customer and are confident that this agreement will be an important contribution to our continued growth.”

The contract will be added to the company’s order book 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.