SCANA SCANA NON-REGULATORY PRESS RELEASES

Scana ASA: Scana company signs previously awarded contract for Megawatt Charging System

27. March 2026 kl. 15:16

Bergen, 27 March 2026: Scana-owned PSW Power & Automation AS has signed the contract with the customer for the delivery of a Megawatt Charging System at the first of two locations covered by the contract award announced on 2 February 2026 (Scana ASA: Scana company informed of contract award for Megawatt Charging Systems). The contract for the first location is a contract of sizeable value (1) for the company. The project commences immediately with planned delivery in Q1 2027.

(1) A sizeable contract is defined to be between NOK 25 million and NOK 75 million. (2) A substantial contract is defined to be between NOK 75 million and NOK 150 million. (3) A large contract is defined to be between NOK 150 million and NOK 250 million. (4) A very large contract is defined to be over NOK 250 million.

For the second location, Scana will revert to the market as soon as relevant information is available.

For more information, please contact:

Baste Tveito, CEO, Scana ASA, +47 916 69 641

Scana in brief Scana is an active industrial owner of technology and services to both the energy and offshore industries. With an industrial history dating back to the early 1900s, Scana has evolved to become a leader in technology and innovation. This journey has provided a unique position to shape solutions for tomorrow, driven by extensive industrial experience combined with quality and value creation. Scana is headquartered in Bergen and has around 500 employees. www.scana.no

PSW Power & Automation in brief PSW Power & Automation delivers complete solutions within electrification and renewable energy. The company specializes in the design and integration of electrical power systems, electrical infrastructure, energy storage systems, and control systems. www.pswpower.no