Skudeneshavn, 12 February 2026

Solstad Maritime ASA (SOMA) is pleased to present its financial results for the fourth quarter and full year 2025.

CEO Lars Peder Solstad states:

"The demand within offshore energy services remains positive with several opportunities for the fleet. Despite a volatile oil price, the market showed improvement in Q4 2025 which has also continued into Q1 2026."

• Adjusted EBITDA of USD 74 million in the quarter compared to USD 78 million same quarter last year. USD 303 million for the full year of 2025 compared to USD 297 million in 2024.
   
• Several contract extensions and new contracts contributed to a total order intake of USD 272 million in the quarter equaling a solid book-to-bill ratio of 1.9x.
   
• Continued shareholder friendly approach with a cash dividend for Q4 2025 of USD 0.032/share, totaling USD ~15 million.

Contacts

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

Kjetil Ramstad CFO, at +47 907 59 489

Solstad Maritime ASA

www.solstad-maritime.com

This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.