Bergen, April 11th, 2024: Beerenberg signs contract with The Norwegian Ministry
of Defence to rehabilitate a quay at the Norwegian Navy's coast guard station in
Sortland. 

The new service contract, estimated to approximately NOK 25-30 million, includes
concrete rehabilitation, measures to prevent further corrosion and spalling,
repairment, and replacement of quay equipment. 

BeerenbergŽs rehabilitation work commencement is planned for April 2024 and will
continue for two to three years. The quay is built in the early 1980s.

CEO Arild Apelthun says: 

"We are excited for the opportunity to ensure lifetime extension for the quay in
Sortland and look forward to work with the Norwegian Ministry of Defence on this
project."

"Cost-effective maintenance of bridges, quays, roads and tunnels is critical to
securing the transport lines in Norway. We bring our vast experience from plant
and construction maintenance to the maintenance of this important
infrastructure."

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

To learn more, please visit www.beerenberg.com