Moreld ASA: Moreld Apply awarded framework agreement with the Norwegian Defence Materiel Agency

STAVANGER, October 14, 2026: Moreld Apply, part of Moreld, has been awarded a framework agreement with the Norwegian Defence Materiel Agency (Forsvarsmateriell) for the provision of maintenance and engineering services for vessels operated by the Norwegian Armed Forces.

The scope includes project management, engineering services, and technical deliveries related to maintenance, repair and upgrades of vessels and associated systems. The agreement covers services across the Norwegian Armed Forces' maritime assets, including surface vessels, submarines and other vessels and systems.

Moreld Apply is one of three suppliers awarded parallel framework agreements. The agreement has an initial term of four years, with options for an additional three years, giving a potential total duration of up to seven years. Work under the agreement is scheduled to commence in the fourth quarter of 2026.

The contract's value will be determined by the volume of work performed over the next years, and Moreld defines the contract as sizeable.

*Moreld defines a sizeable contract as between NOK 100 million and NOK 500 million in expected value.

For more information, please contact:

CEO Geir Austigard Telephone: +47 992 47 500

Email: Geir.austigard@moreld.com

CFO Trond Rosnes Telephone: +47 404 14 494

Email: Trond.rosnes@moreld.com

About Moreld

Moreld is an industrial multi-disciplinary engineering group offering full-scope services across the offshore energy and marine industries including subsea installations. The group comprises Moreld Apply, Ocean Installer and Global Maritime. Moreld is a major player on the Norwegian continental shelf with an international footprint. The Group is located in 19 countries, giving access to all major offshore markets, and has over 2,800 employees and contractors. For more information, please visit https://moreld.com/.

About Moreld Apply

Moreld Apply designs, maintains and upgrades critical infrastructure for the energy industry and related sectors. The company provides multidisciplinary engineering expertise and services within maintenance, modifications, and operational support, and is headquartered in Stavanger, Norway. For more information, please visit https://www.apply.no/.