Endúr (ENDUR)

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Endúr ASA – Q2/H1 2025 financial results

21 August 2025 – Endúr ASA (Endúr) delivered strong revenue growth and positive margin development in this year’s second quarter. Revenue was up 12 percent, to NOK 1,690.7 million, from the same period last year (Q2 2024: 1,511.4). An all-tme high EBITA improved 23 percent to NOK 101.2 million (82.4), equivalent to a margin of 6 percent (5.4).

“Our revenue growth and margin improvement are primarily driven by strong performance in our Infrastructure segment, but it has been a solid quarter overall. The exception is our Swedish infrastructure business, where we are taking organizational measures to address unsatisfactory results,” says Jeppe Raaholt, CEO of Endúr.
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Endúr recorded an order intake of NOK 1,396 million in the quarter (1,556) as the group won multiple new infrastructure project awards of various sizes. Endúr’s order backlog was NOK 9,251 million (3,031) at the end of the quarter.

“Our subsidiaries are winning a very diverse range of infrastructure projects. This underlines their versatility and competitiveness, including in non-cyclical sectors such as publicly owned buildings, harbour infrastructure and railways,” adds Jeppe Raaholt.

Cash flow from operating activities was NOK 105.6 million in the second quarter (83.2). Endúr has a healthy balance sheet with cash at bank of NOK 866 million and a non-utilized overdraft facility of NOK 250 million, giving NOK 1,116 million in total available liquidity.

BUSINESS SEGMENT UPDATE
Endúr is a leading full-service provider for Aquaculture Solutions and Infrastructure in Norway and Sweden, servicing both public and private sector.

Endúr’s Infrastructure segment increased revenue by 16 percent, from 1,202.8 million in the second quarter last year to NOK 1,394.6 million in this year’s second quarter. EBITA was NOK 100.6 million, up 25 percent from the same period last year (80.3). The segment’s order backlog rose to NOK 7,752 million as a result of a strong order intake of NOK 1,320 million (467) during the quarter.

Revenue in the Aquaculture Solutions segment was NOK 238.4 million (237.7), which represents significant growth from the previous quarters as activity level at Salmon Evolution phase 2 is ramping up. Segment EBITA ended at NOK 6.4 million (4.4), equivalent to an EBITA-margin of 2.7 percent (1.8).

In the business segment “Other”, Endúr Maritime delivered revenue of NOK 59.6 million (71.5), EBITA of NOK 2.4 million (4.7), corresponding to an EBITA margin of 4.1 percent (6.6).

OUTLOOK
Endúr has a strong backlog in all business segments. The group has high tender activity and many outstanding bids.

Future activity level in the Infrastructure segment is supported by the Norwegian National Transport Plan for 2025-2036 which favors rehabilitation, smaller projects and aquaculture, a number of major infrastructure projects ratified in Sweden, plus increased defence budgets. It is also backed by a favorable local market for real estate construction and a general maintenance gap on critical infrastructure.

Within Aquaculture Solutions, the long-term outlook for land-based fish farming remains attractive as exponential growth is expected from investments in land-based fish farming facilities, supported by the re-opening of license applications announced by Norwegian authorities on July 1 this year.

Recently completed acquisitions will add to the organic growth expected from existing businesses and recruiting to new market niches.

PRESENTATION AT 08:00 TODAY
Endúr ASA invites investors, analysts and media to a live webcast presentation of the company’s second quarter and half-year 2025 financial results at 08:00 today.

The webcast presentation can be viewed from the following URL:

https://channel.royalcast.com/landingpage/hegnarmedia/20250821_9/

Questions can be submitted during the live webcast. The presentation material and half-year 2025 report is enclosed to this announcement.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Einar Olsen, CFO of Endúr ASA, on 21 August 2025 at 07:00 CET.

(ENDS)

For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759

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

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialized project and marine services. Endúr ASA is headquartered at Lysaker, Norway. See www.endur.no.

Kilde

[Ravioli]

Første kvartalsrapport fra sidelinjen for min del på flere år. Flott selskap med lysende fremtid. Men de tre U-ene til skagen, som gjorde at jeg grep sjansen back in the days, er ikke lenger like gjeldende. Største triggeren jeg ser fremover er at selskapet går over til å bli et utbytteselskap. De har en stor utbyttekapasitet. I det korte bildet er det noen earn outs av oppkjøp som må betjenes med kontanter. Et flott selskap til en fair pris, er min vurdering i dag. Kan godt væer en god investering det og, men de neste tre årene blir ikke som de forrige.

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Er du sikker?

[Ravioli]

Absolutt ikke

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Endur er vel aktuell for kontrakt her:

Konsesjoner, strøm, reguleringsplan og ny COO på plass for Salfjord | iLaks

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Endúr ASA - Notification of trades, week 34 2025

Reference is made to stock exchange notice of 1 March 2024, where Endúr ASA (“The Company”) announced its plan to buy up to 1,629,741 own shares for a total maximum NOK 50 million.

In week 34 2025, The company purchased 15,592 shares at an average price of NOK 89.7857 per share. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement.
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After these transactions, The Company owns a total of 310,218 shares, corresponding to 0.61 % of The Company`s total registered share capital.

The total number of shares acquired during the buy-back program is 715,065. The weighted average share price is NOK 65.1676 for a total amount of NOK 46 599 040.

As announced in The Company’s stock exchange notice of 1 March 2024, the buy-back program is planned to be finalized within 28 February 2026 (at the latest).

DISCLOSURE REGULATION
This is notice contains information that The Company is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

For further information, please contact:

Media - Jeppe Raaholt, CEO of Endúr ASA, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr ASA, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA – Artec Aqua and VAQ looking to merge, to form a stronger and more capable partner for the Aquaculture industry

8 September 2025 - Artec Aqua AS (“Artec Aqua”) and VAQ AS (“VAQ”), both wholly owned subsidiaries of Endúr ASA (“Endúr”), are pleased to announce an upcoming sister company merger, with Artec Aqua as the acquiring company and VAQ as the transferring entity. The combined entity will bring together the complementary strengths of both organizations to create a stronger, more competitive player in the aquaculture industry. The approval and completion of the merger will be resolved by upcoming general meetings in the acquiring and transferring entities.

The new organization will continue with the established dual departmental structure, ensuring dedicated focus on both Hybrid and RAS operations, while maintaining its geographical presence in Ålesund and Asker. Fredrik Langehaug will continue as Managing Director of the merged company.
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Through this merger, the combined entity will:

o Streamline and harmonize contract structures, pricing and risk frameworks, tender processes, calculations, and project evaluations

o Align systems such as ERP and PLM to ensure efficiency and transparency

o Act as a one-stop-shop, offering technology-independent solutions tailored to customer needs

o Address structural challenges, building a stronger foundation for long-term growth

o Unlock cost synergies, improving competitiveness and value-creation

“This merger marks an important milestone for both companies. By combining our expertise, capacity, and resources, we are positioning VAQ and Artec Aqua as a stronger and more capable partner for our customers, suppliers, and employees,” says Fredrik Langehaug, Managing Director of Artec Aqua.

“We at VAQ are very excited about this merger and the opportunities it creates,” says Sondre Høidalen, Managing Director of VAQ. “I look forward to contributing actively in the merged company, with a strong focus on business development and new opportunities within the group. By joining forces with Artec Aqua, we are building an even stronger platform to deliver value, innovation, and sustainable growth for our customers and the industry”, adds Høidalen.

“As the owner of both Artec Aqua and VAQ, Endúr strongly supports this merger. We are confident that the merged company will be even better equipped to serve the aquaculture industry, with greater scale, innovation, and a strengthened market presence,” comments Jeppe Raaholt, CEO of Endúr.

The merger is expected to be completed by the end of the fourth quarter this year. Until then, both companies will continue operations as usual while preparing for a smooth and seamless integration.

(ENDS)

For further information, please contact:

Media - Jeppe Raaholt, CEO of Endúr ASA, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr ASA, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialized project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA – Mandatory notifications of trade

The following primary insiders and persons closely associated with primary insiders of Endúr ASA (the “Company”) have today, 18 September 2025, conducted the following transactions:

o Pål Reiulf Olsen, Chair of the Board of Directors, has exercised 10,000 options, each giving the right to one share in the Company, at a strike price of NOK 42.74 per share. The 10,000 shares have subsequently been transferred to Mr. Olsen’s close associate, Poca Invest AS. Following these transactions, Mr. Olsen and his close associate hold a total of 156,399 shares and nil share options in the Company.
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o Jeppe Raaholt, CEO, has exercised 40,000 options, each giving the right to one share in the Company, at a strike price of NOK 42.74 per share. The 40,000 shares have subsequently been transferred to Mr. Raaholt’s close associate, Råbjørn AS. In addition, and for the purpose of covering the strike price and tax expenses incurred from the exercise of the options, Råbjørn AS has sold 30,000 shares in the Company at a price of NOK 86.75 per share. Following these transactions, Mr. Raaholt (acting through Råbjørn AS) has increased his shareholding with 10,000 shares, to a total of 318,857 shares in the Company. Mr. Raaholt further holds 680,000 share options in the Company.

o Einar Olsen, CFO, has exercised 30,000 options, each giving the right to one share in the Company, at a strike price of NOK 42.74 per share. The 30,000 shares have subsequently been transferred to Mr. Olsen’s close associate, Red Devil Holding AS. In addition, and for the purpose of covering the strike price and tax expenses incurred from the exercise of the options, Red Devil Holding AS has sold 22,385 shares in the Company at a price of NOK 86.75 per share. Following these transactions, Mr. Olsen (acting through Red Devil Holding AS) has increased his shareholding with 7,615 shares, to a total of 90,500 shares in the Company. Mr. Olsen further holds 450,000 share options in the Company.

See the enclosed form for further details about the transactions.

This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation (EU) 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Media – Jeppe Raaholt, CEO of Endúr, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Contract award Total Betong

29 September 2025 – Total Betong AS (“Total Betong”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has today been awarded a new contract for Kanalsletta 14 AS, worth a total of approx. NOK 60 million.

Total Betong will act as main contractor and turnkey supplier for a new commercial building at Kanalsletta 14, Forus. The new building will comprise office space, workshop and warehouse facilities. Construction is expected to commence in January 2026 with estimated completion in December 2026.
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ENDS

For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Kurt Helland, General Manager of Total Betong, tel: +47 982 41 857

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

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Notification of trades, week 38-39 2025

Reference is made to stock exchange notice of 1 March 2024, where Endúr ASA (“The Company”) announced its plan to buy up to 1,629,741 own shares for a total maximum NOK 50 million.

In week 38-39 2025, The company purchased 27,975 shares at an average price of NOK 85.7832 per share. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement.
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After these transactions, The Company owns a total of 252,193 shares, corresponding to 0.50 % of The Company`s total registered share capital.

The total number of shares acquired during the buy-back program is 743,040. The weighted average share price is NOK 65.9437 for a total amount of NOK 48 998 824.

As announced in The Company’s stock exchange notice of 1 March 2024, the buy-back program is planned to be finalized when completed and, at the latest, within 28 February 2026.

DISCLOSURE REGULATION
This is notice contains information that The Company is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

For further information, please contact:

Media - Jeppe Raaholt, CEO of Endúr ASA, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr ASA, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Notification of trades, week 40 2025

Reference is made to stock exchange notice of 1 March 2024, where Endúr ASA (“The Company”) announced its plan to buy up to 1,629,741 own shares for a total maximum NOK 50 million.

In week 40 2025, The company purchased 23,901 shares at an average price of NOK 83.6730 per share. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement.
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After these transactions, The Company owns a total of 276,094 shares, corresponding to 0.55 % of The Company`s total registered share capital.

The total number of shares acquired during the buy-back program is 766,941. The weighted average share price is NOK 66.4962 for a total amount of NOK 50 998 693.

As announced in The Company’s stock exchange notice of 1 March 2024, the buy-back program is planned to be finalized when completed and, at the latest, within 28 February 2026.

DISCLOSURE REGULATION
This is notice contains information that The Company is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

For further information, please contact:

Media - Jeppe Raaholt, CEO of Endúr ASA, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr ASA, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Establishment of subsidiary Nova Water Solutions AS

16 October 2025 - Nova Water Solutions AS is being established by Total Betong AS (“Total Betong”), a wholly owned subsidiary of Endúr ASA (“Endúr”). Total Betong will be the majority owner of Nova Water Solutions AS with 75 %, E&D Nordic Holding AS 12.5 %, and KSM Invest AS owns 12.5 %. Nova Water Solutions AS will enter the market as a turn-key contractor operating within the water and wastewater infrastructure sector.

Nova Water Solutions’ services include consultancy, engineering, procurement, fabrication, and construction. A dedicated Project Management Office (PMO) will lead project, design, and construction management, anchored in core expertise across water and wastewater infrastructure.
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To address growing demand for operations and maintenance, the company intends to establish regional hubs at strategic locations across Norway to support small and mid-sized municipalities.

“To meet Norway’s water and wastewater needs over the next 20 years - an investment estimated at more than NOK 400 billion to comply with new regulations and renew aging assets - we will combine the strengths of local and global partners,” says David Evangelisti, CEO of Nova Water Solutions. “This gives our clients a local presence with global engineering capacity and supply chains, ensuring cost-effective and uninterrupted delivery in an otherwise fragmented, bottlenecked market.”
Nova Water Solutions also plans to collaborate with other companies in the Endúr group - including Total Betong AS, HAB Construction AS, and Artec Aqua AS - to strengthen the group’s capacity to serve both municipal and industrial clients in the water and wastewater sector.

“We are thrilled to announce this strategic establishment as a pivotal step in Total Betong’s evolution, enabling us to expand into new market territories with confidence and agility,” says Kurt Helland, Managing Director of Total Betong. “It underscores our ongoing commitment to leveraging our niche expertise in specialized construction for complex process plants and water treatment facilities, driving innovation and sustainable growth across these critical sectors.

Nova Water Solutions AS is currently under establishment and is expected to be fully registered in time to commence operations in October 2025.

For further information, please contact:

Media:
Kurt Helland, Managing Director of Total Betong AS, tel.: +47 982 41 857
David Evangelisti, CEO of Nova Water Solutions AS, tel.: +47 405 37 359
Jeppe Raaholt, CEO of Endúr ASA, tel.: +47 976 69 759

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

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA – Continuation of Share Buy-Back Program

Lysaker, 16 October 2025 – The Board of Directors of Endúr ASA (“Endúr” or “The Company”) has resolved to prolong a share buy-back program (“The Program”) pursuant to the authorization granted by The Annual General Meeting on 20 May 2025.

The Program prolongs The Company’s previous buy-back program announced on 1 March 2024, which has been completed with a total repurchase of approximately NOK 51 million. The Program will be conducted in accordance with the “safe harbour” provisions of the EU Market Abuse Regulation (MAR) and associated guidelines.
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Purpose
The purpose of The Program is capital allocation to the benefit of the shareholders and maintaining a practical stock of treasury shares. The Program is to be considered a stand-alone measure, independent of the dividend ambition communicated by The Company (cf. Endúr’s published dividend policy, April 2025).

Program framework
Buy-backs under The Program will be executed within the limitations set forth in the authorizations provided to The Board of Directors by The General Meeting and certain covenants provided in the The Company’s amended and restated bank financing agreement from this year.

The Program will be reinitiated after The Company’s publication of financial results for Q3 2025. Sparebank 1 Markets has been engaged to carry out the repurchases on behalf of The Company, exercising discretion within the parameters of The Program and applicable regulations.

The Board of Directors may adopt a value-based approach where the periodic trade orders may vary, for instance with respect to share price and share availability. In any case, no repurchases will be made at a price exceeding the maximum set forth in the authorization granted to The Board of Directors by The General Meeting.

In addition, the safe harbour requirements on price and volume apply, including that purchases may not be executed at prices higher than the highest independent trade or independent bid, and that daily volumes normally may not exceed 25% of the average daily trading volume.

Reporting and transparency
Transactions made under The Program will be disclosed in accordance with applicable regulations (MAR and the Norwegian Securities Trading Act section 5-12), typically by publishing aggregated daily data and detailed transaction information (volume, price, total amount, date/time) on NewsWeb.

Suspension and amendments
The Company may suspend or terminate The Program at any time, or make necessary adjustments within the limits of the general meeting authorization and applicable law.

Broker
SpareBank 1 Markets will act as broker and execute the purchases on behalf of The Company.

(ENDS)

For further information, please contact:

Media:
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759

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

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialized project and marine services. Endúr ASA is headquartered at Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Contract award Total Betong

20 October 2025 – Total Betong AS (“Total Betong”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has signed a contract with Nippon Gases for the construction of a new air gas plant for the production of oxygen and nitrogen. The contract value is approximately NOK 55 million, and the project is located at Viganeset in Hjelmeland.

The site covers about 10,000 square metres and will include a compressor hall with office and control room facilities, as well as foundations for process equipment.
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Construction work is scheduled to start in January 2026 and is expected to continue until the third quarter of the same year.

ENDS

For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Kurt Helland, General Manager of Total Betong, tel: +47 982 41 857

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

About Endúr ASA Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA – Appointment of New Managing Director in Marcon Gruppen

27 October 2025, 08:00 CEST

Issuer
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Endúr ASA
October 27, 2025 – Endúr ASA (“Endúr”) is pleased to announce that Cristina Oscarsson has been appointed as the new Managing Director of Marcon Gruppen, a wholly owned subsidiary of Endúr ASA and the spearhead of Endúr’s Swedish operation. Cristina will assume her position at the beginning of January 2026.

Cristina Oscarsson (42) brings extensive leadership experience from the construction and civil engineering sector, most recently as Business Area Manager for Infrastructure at SVEAB, where she was responsible for around 60 employees and complex, multidisciplinary projects within groundwork, foundations, structures, and installations. Under her leadership, the business area has grown significantly, and she has led strategic initiatives such as marine projects and framework agreements, including SVEAB’s largest single project ever at Arlanda Airport.

Cristina has previously held roles as Project Manager, Site Manager, and Business Developer at companies such as SVEAB, Strabag, and Skanska. She has solid experience with budget and P&L responsibility, strategic planning, recruitment, organizational development, and execution of major infrastructure projects in Sweden and Finland. Cristina holds an education from the Royal Institute of Technology (KTH) in industrial economics and civil engineering, and is fluent in Swedish, English, and Romanian.

Jeppe Raaholt, CEO of Endúr ASA, comments:
“Her experience and leadership skills will strengthen Marcon Gruppen’s position and help realize our ambitions in the Swedish market. There is an untapped potential in taking a more structured approach to realising operational and marketing synergies between our Swedish businesses. Cristina will be instrumental in realising this. We are very pleased to welcome Cristina to the team.”

Cristina Oscarsson adds:
“I am excited to join Marcon Gruppen and the Endúr team. Throughout my career, I have been driven by the opportunity to develop organizations, create synergies, and deliver sustainable results together with dedicated colleagues. I look forward to working closely with our customers and employees to further strengthen Marcon Gruppen’s position in the market.”

For further comments, contact:
Jeppe Raaholt, CEO of Endúr ASA: +47 976 69 759
Investors:
Einar Olsen, CFO of Endúr ASA: +47 924 01 787

About Endúr
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no

Kilde

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Endúr ASA - Invitation to presentation of Q3 2025 financial results

Endúr ASA invites investors, analysts and media to a live webcast presentation of the company’s third quarter 2025 financial results.

Date: Thursday 13 November 2025
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Time: 08:00 CET

Presenters: CEO Jeppe Raaholt and CFO Einar Olsen

The webcast presentation can be viewed from this URL: https://teams.microsoft.com/l/meetup-join/19%3Ameeting_ZDhlNjc5ZjUtNGFmYS00YTc4LTljNGUtMThiNjBkZjYxZGYz%40thread.v2/0?context={"Tid"%3A"d02701f9-3b23-4b3f-8fce-29ed54632bf8"%2C"Oid"%3A"49eee719-db83-4ef4-aca0-334090732543"}

Questions can be submitted during the live webcast.

The presentation material and Q3 2025 report will be published the same day at 07:00 CET.

About Endúr ASA

Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialized project and marine services. Endúr ASA is headquartered at Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA – Q3 2025 financial results

13 November 2025 – Endúr ASA (Endúr) delivered record-high revenue and EBITA in this year’s third quarter. Pro-forma revenue was NOK 1,841.6 million, up 26 percent versus last year’s third quarter (Q3 2024: 1,456.6). Pro-forma EBITA was up 36 percent to NOK 132.0 million (97.1), equivalent to a margin of 7.2 percent (6.7).

“Revenue, results and margins are improving as expected. The improvements are largely driven by infrastructure activities, but we also saw enhanced results from our aquaculture activities. Overall, we are happy to deliver a very strong quarter,” says Jeppe Raaholt, CEO of Endúr.
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Considering peak production season for infrastructure and no major aquaculture awards, Endúr recorded a seasonally strong book-to-bill of 0.8x. The group’s order backlog stood at a healthy NOK 8,833 million at the end of September (3,564).

Cash flow from operating activities was NOK 139 million in the third quarter. Endúr’s cash balance was NOK 876 million, and the group’s net interest-bearing debt excluding leasing liabilities was NOK 205 million (633), as of 30 September 2025.

BUSINESS SEGMENT UPDATE
Endúr is a full-service provider for Aquaculture Solutions and Infrastructure in Norway and Sweden, servicing both public and private sector.

Endúr’s Infrastructure segment remains the group’s main engine. Infrastructure revenue was NOK 1,511.2 million, up 25 percent from NOK 1,213.0 in last year’s third quarter. EBITA was up 19 percent to 129.4 (108.5), corresponding to an EBITA-margin of 8.6 percent (8.9).

Revenue in the Aquaculture Solutions segment was NOK 286.5 million (175.3). This was driven by increased activity at Salmon Evolution phase 2. The segment EBITA was NOK 14.9 million – a substantial improvement on the negative result (-3.9) in last year’s third quarter. The Aquaculture Solutions segment’s EBITA margin was 5.2 percent (-2.2).

“The Infrastructure segment saw substantial revenue growth from our Norwegian operations. The segment’s Swedish operations showed a slight improvement, although still below our long-term ambitions, and we are happy to have announced the appointment of Cristina Oscarsson as new Managing Director. We also saw a better segment contribution from Aquaculture Solutions,” adds Jeppe Raaholt.

In the business segment “Other”, Endúr Maritime delivered revenue of NOK 44.4 million (67.2), EBITA of NOK 0.1 million (2.1), equivalent to an EBITA margin of 0.2 percent (3.1). Endúr Maritime’s revenues and results are expected to improve towards year-end.

OUTLOOK
Endúr is experiencing high tender activity and the group has many outstanding bids.

Future activity level in the Infrastructure segment is supported by the Norwegian National Transport Plan for 2025-2036 which favours rehabilitation, smaller projects and aquaculture. The ratification of major infrastructure projects in Sweden as well as increased defence budgets and favourable local market for real estate construction also back Endúr’s growth opportunities. As does a general maintenance gap on critical infrastructure.

Within Aquaculture Solutions, exponential growth is expected from investments in land-based fish-farming facilities, but there is still a medium-term gap to fill with respect to the project portfolio within this segment.

Endúr is continuously looking to enhance growth through organic investments in its service offering and work force, as well as targeted M&A activities.

PRESENTATION AT 08:00 TODAY
Endúr ASA invites investors, analysts and media to a live webcast presentation of the company’s third quarter 2025 financial results at 08:00 today.

The webcast presentation can be viewed from the following URL:

https://teams.microsoft.com/l/meetup-join/19%3Ameeting_ZDhlNjc5ZjUtNGFmYS00YTc4LTljNGUtMThiNjBkZjYxZGYz%40thread.v2/0?context={"Tid"%3A"d02701f9-3b23-4b3f-8fce-29ed54632bf8"%2C"Oid"%3A"49eee719-db83-4ef4-aca0-334090732543"}

Questions can be submitted during the live webcast. The presentation material and third quarter 2025 report are enclosed to this announcement.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Einar Olsen, CFO of Endúr ASA, on 13 November 2025 at 07:00 CET.

(ENDS)

For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759

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

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialized project and marine services. Endúr ASA is headquartered at Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Contract award Endúr Sjøsterk

November 13, 2025 – Endúr Sjøsterk AS («Endúr Sjøsterk»), a wholly owned subsidiary of Endúr ASA («Endúr»), has been awarded a contract for the turn-key delivery of a concrete feed barge, valued in the range of NOK 60–70 million.

Production is scheduled to commence in 2026, and the feed barge is planned for delivery in Q3 2026.
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For further comments, contact:

Media:
Svein Ådland, General Manager of Endúr Sjøsterk AS: +47 453 94 789
Jeppe Raaholt, CEO of Endúr ASA: +47 976 69 759

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

About Endúr
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

[TekBot]

Endúr ASA – Mandatory notification of trade

Einar Olsen, CFO and primary insider of Endúr ASA (“Endúr”), has through his wholly owned company Red Devil Holding AS on 17 November 2025 purchased 1,500 shares in Endúr at a price of NOK 86.00 per share. Following the transaction, Einar Olsen and his close associate holds 92,000 shares and 450,000 share options in Endúr.

See the enclosed form for further details about the transactions.
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This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation (EU) 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Media – Jeppe Raaholt, CEO of Endúr, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde

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Endúr ASA - Notification of trades, week 46 2025

Reference is made to stock exchange notice of 16 October 2025, where Endúr ASA (“The Company”) announced its plan to prolong a share buy-back program (“The Program”) pursuant to the authorization granted by The Annual General Meeting.

In week 46 2025, The company purchased 3,905 shares at an average price of NOK 86.7982 per share. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement.
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After these transactions, The Company owns a total of 277,307 shares, corresponding to 0.55 % of The Company`s total registered share capital.

The total number of shares acquired during the buy-back program is 770,846. The weighted average share price is NOK 66.5991 for a total amount of NOK 51 337 639.

DISCLOSURE REGULATION
This is notice contains information that The Company is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

For further information, please contact:

Media - Jeppe Raaholt, CEO of Endúr ASA, tel.: +47 976 69 759
Investors – Einar Olsen, CFO of Endúr ASA, tel.: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Norway. See www.endur.no.

Kilde