Endúr ASA – Contract award Repstad

Repstad Anlegg AS (“Repstad”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has been awarded a contract for Andfjord Salmon (“Andfjord”) for the completion of various quay works, originally started by another contractor, under a contract that has now been terminated. The contract has a value of approximately NOK 50 million.

The project consists of operations that are well known and core to Repstad, with the scope of work including; dredging and blasting, mass fillings and land slide protection, stone transportation by barge and breakwater establishment.

Construction will commence immediately, with an estimated building period of 6 months.

“We have already enjoyed a strong collaboration with Andfjord for the last 4 months, having delivered adjacent and similar works under another ongoing contract. Now, we look forward to enhancing and prolonging this partnership”, says Bernt Olav Holen, Managing Director of Repstad.

(ENDS)

For further information, please contact:

Media Jeppe Raaholt, CEO Endúr, tel: +47 976 69 759 Bernt Olav Holen, Managing Director Repstad, tel: +47 906 70 156

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.