Update on Saudi operations

8.4.2026 07:12:05 CEST | Soiltech ASA | Non-regulatory press releases

Soiltech ASA (OSE: STECH) Sandnes, Norway, 08 April 2026

Soiltech has commenced operations in Saudi Arabia under its contract with Estedama Environmental Solutions. The scope of work includes fluid treatment services (STT®) for waste reduction, recovery, and reuse in connection with drilling operations.

"We are pleased to report the start of operations in Saudi Arabia, on schedule. Our operating team has done an excellent job. We look forward to growing our business in the Kingdom together with our partner, Estedama," says Glenn Åsland, COO of Soiltech.

About Soiltech

Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste on site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse. Soiltech operates world-wide and is headquartered in Norway.

About Estedama

Estedama is the leading Saudi company specializing in the treatment, recycling, and sustainable management of drilling and industrial waste. Estedama's advanced technologies and over 10 years of experience in the Saudi market position the company as a leader in this field and environmental services sector. As Soiltech's partner in Saudi Arabia, Estedama delivers innovative, compliant, and sustainable waste management solutions across the Kingdom.

CONTACTS

* Jan Erik Tveteraas, CEO, Soiltech ASA, +47 95 21 49 25, jan.erik.tveteraas@soiltech.no * Tove Vestlie, CFO / Investor Relations, Soiltech ASA, +47 90 69 06 48, tove.vestlie@soiltech.no

ATTACHMENTS

Download announcement as PDF.pdf - https://kommunikasjon.ntb.no/ir-files/17849399/18854614/6960/Download%20announce ment%20as%20PDF.pdf