Endúr ASA - Contract award Engelsen Total

2 November 2026 - Engelsen Total AS ("Engelsen Total"), a wholly owned subsidiary of Endúr ASA ("Endúr") platform company, Total Betong AS ("Totalbetong"), has been awarded a contract by Storebø Maritim AS ("Storebø Maritim"). The contract has a value of approximately NOK ~90 million excluding VAT.

Engelsen Total will act as turnkey supplier for the design and construction of Storebø Brygge in Austevoll. The project consists of an apartment building with an incorporated commercial unit. Design and engineering have started with on-site construction works expected to commence at the turn of the year 2026/2027, subject to Storebø Maritim's FID in November 2026. The project will have an estimated building period of 13 months.

(ENDS)

For further information, please contact:

Media Jeppe Raaholt, CEO Endúr, tel: +47 976 69 759 Kurt Helland, Group CEO Totalbetong, tel: +47 982 41 857

Investors Einar Olsen, CFO Endúr, tel: +47 924 01 787

About Endúr ASA: Endúr ASA (XOSL: ENDUR) is a leading Scandinavian contractor headquartered in Lysaker and listed on the Oslo Stock Exchange. The company specializes in critical infrastructure, including bridges, quays, tunnels, and dams. Operating as a disciplined serial acquirer (compounder), the group utilizes a decentralized model that grants subsidiaries high autonomy to preserve their technical expertise and local market positions. Endúr drives long-term value through strategic platform acquisitions and targeted bolt-ons in fragmented niche markets.