Financial and operating highlights 1Q24 (1Q23 in brackets):

	Operating revenues were NOK 2 973 million (NOK 2 999 million)
	EBITDA was NOK 596 million (NOK 926 million)
	EBIT was NOK 317 million (NOK 685 million)
	Net result after tax was NOK 304 million (NOK 565 million)

Segment highlights 1Q24 (1Q23 in brackets):

Renewable Energy
o	EBITDA NOK 476 mill. (NOK 763 mill.)
o	Lower power prices, on average 39% lower than 1Q last year
o	Consent applications for Codling wind park are on track  
o	Consent applications for Muir Mhòr wind park are scheduled by year end 2024

Wind Service
o	EBITDA NOK 174 mill. (NOK 206 mill.)
o	Strong backlog of EUR 514 million for the Tern vessels
o	Backlog of EUR 105 million for the Blue Wind vessel
o	Brave Tern crane upgrade and conversion is ongoing resulting in a utilization
of 67% (100%) for the Tern vessels

Cruise
o	EBITDA NOK 2 mill. (NOK 5 mill.)
o	Occupancy of 69% (66%) of full capacity
o	Net ticket income per passenger day of GBP 172 (GBP 180)
o	Good booking numbers compared to last year

Other Investments
o	EBITDA NOK -55 mill. (NOK -48 mill.)
o	EBITDA for NHST NOK -3 mill. (NOK -5 mill.)
o	Fred. Olsen 1848, progressing several technologies and innovations within
floating wind and floating solar 
o	Fred. Olsen Investments, undertaken investments within renewable energy
related companies

Financial information

The unaudited Group accounts for 1Q24 comprise Bonheur ASA (the "Company") and
its subsidiaries (together the "Group of companies") and the Group of companies'
ownerships in associates. The main business segments within which the Company is
invested are categorized as follows: Renewable Energy, Wind Service, Cruise and
Other investments.

The Group of companies' operating revenues in 1Q 2024 amounted to NOK 2 973
million (NOK 2 999 million). Renewable Energy had operating revenues of NOK 724
million (NOK 1 170 million), Wind Service NOK 1 183 million (NOK 882 million),
Cruise NOK 788 million (NOK 682 million). Other investments had operating
revenues of NOK 278 million (NOK 265 million).

EBITDA was NOK 596 million (NOK 926 million). Renewable Energy achieved EBITDA
of NOK 476 million (NOK 763 million), Wind Service NOK 174 million (NOK 206
million), Cruise NOK 2 million (NOK 5 million). Within Other investments EBITDA
was NOK -55 million (NOK -48 million). 

Depreciation was NOK -279,4 million (NOK -241,5 million). Impairment of NOK -5
million was booked related to impairment of development projects in Renewable
Energy compared to NOK -14 million last year.

EBIT was NOK 317 million (NOK 685 million).

Net financial items were NOK 114 million (NOK 95 million). Net interest expenses
were NOK -78 million (NOK -89 million), where the reduction is mainly due to
higher interest income. In addition, there were net unrealized financial gains
of NOK 210 million (NOK 198 million), mainly related to positive exchange rate
differences of NOK 116 million (NOK 200 million), unrealized gain on financial
instruments of the interest swap agreements in Renewable Energy of NOK 90
million (loss of NOK -29 million) and an unrealized gain on other investment of
NOK 4 million (NOK 27 million). Other financial items amounted to NOK -18
million (NOK -13 million).

Net Result was NOK 304 million (NOK 565 million) of which NOK 171 million (NOK
326 million) is attributable to the shareholders of the parent company. The
non-controlling interests' share of the net result was NOK 132 million (NOK 238
million).