Bergen, November 11th, 2024: Beerenberg has signed a substantial contract with
Aker Solutions for core maintenance services for Norwegian North Sea fields.

The contract - which is an extension of already existing frame agreement - will
commence immediately and lasts until Desember 31st, 2026.

"We continue to provide a wide range of high-quality offshore field services,
this time with Aker Solution as our contracting party," says CEO Arild Apelthun
in Beerenberg.

(1) A sizeable contract is defined to be between NOK 50 million and NOK 100
million.
(2) A substantial contract is between NOK 100 million and NOK 200 million.
(3) A large contract is over NOK 200 million.

For further information, please contact:
Harald Haldorsen, CFO Beerenberg
Phone: +47 982 34 834
E-mail: harhal@beerenbeg.com

About Beerenberg AS
Beerenberg has delivered cost efficient solutions to a wide range of industrial
enterprises for 47 years. Beerenberg is one of the leading suppliers of
maintenance and modifications services on the Norwegian Continental Shelf as
well as a global provider of insulating products. The GroupŽs expertise covers
the entire life cycle of the petroleum industry from field studies and newbuilds
to maintenance, modifications, and lifetime extensions. The operational
activities are organized in Beerenberg Services and its subsidiaries.
Headquartered in Bergen, Beerenberg has offices in Stavanger and Skien in Norway
and in Poland, UK, South-Korea, Thailand, Brazil and Singapore.
www.beerenberg.com

To learn more, please visit www.beerenberg.com.