Aker Solutions secures significant brownfield services contract from ExxonMobil Canada

November 5, 2025 - Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform.

The Brownfield M&M contract is a significant[1] five-year extension to the original engineering, procurement, and construction (EPC) enabling agreement awarded in 2015. Aker Solutions has delivered platform-wide upgrades and modifications to the Hebron platform since 2015 and has provided multi -disciplinary services to the East Coast Atlantic region for more than 30 years.

"We will leverage our multi-discipline Project Execution Model to deliver fit -for-purpose solutions with speed and precision, ensuring successful outcomes while reducing costs," said Paal Eikeseth, Executive Vice President and head of Aker Solutions' Life Cycle Business.

The work will be led from Aker Solutions' location in St. John's, Newfoundland and Labrador, where the company has increased its staff from 100 to 350 employees in recent years.

"We are pleased to continue our collaboration with ExxonMobil Properties, as operator of the Hebron platform, offshore Newfoundland and Labrador. Canada is a key market for us, where we take a long-term view and continue to deliver strong customer value through our capabilities," said Eikeseth.

The contract will be booked as an order intake in the fourth quarter of 2025 in the Life Cycle segment.

[1]Aker Solutions defines a significant contract as being between NOK 1.5 billion and NOK 2.5 billion.

ENDS

Preben Ørbeck investor relations preben.orbeck@akersolutions.com +47 470 10 611

Ruth Lycke media contact Ruth.Lycke@akersolutions.com +47 906 65 931

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 12,000 people in more than 15 countries.

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This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com

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

This stock exchange release was published by Svend Thürmer, Communications, Aker Solutions, on November 5, 2025 at 23:45 CET.