Solstad Maritime ASA - Multiple Contract Awards

Skudeneshavn, 10 October 2025

Solstad Maritime ASA (SOMA) is pleased to announce multiple new contract awards for several anchor handling tug supply vessels (AHTS) and a construction support vessel (CSV). The combined firm duration of the contracts is approximately 700 vessel days.

The following vessels are included in the awards:

· Normand Saracen and Normand Scorpion have been awarded contracts with an undisclosed operator in the Asia-Pacific region. The contracts include a combined firm period of 516 days, plus a combined optional period of 358 days. Commencement is scheduled for Q1 2026.

· Normand Scorpion has also been awarded two projects with tier-one EPIC contractors for subsea installation work in the Asia-Pacific region. These projects are scheduled to start in December and have an expected duration up to 2 months.

· Normand Sapphire has been awarded a contract with an undisclosed operator in the Mediterranean Sea. The firm period is 60 days, plus options thereafter. The contract commences immediately.

· Normand Baltic's current contract has been extended with a firm duration until the end of 2025. The extension represents a firm period of approximately 100 days, with further options thereafter.

The combined value of the firm contracts is approximately USD 50 million.

Contacts:

Lars Peder Solstad, CEO: +47 91 31 85 85

Kjetil Ramstad, CFO: +47 90 75 94 89

Solstad Maritime ASA

www.solstad-maritime.com