14 January 2026 - BMO Entreprenør AS ("BMO"), a wholly owned subsidiary of Endúr
ASA ("Endúr") is happy to announce it's recent establishment of a new legal
entity to focus on technical railway services ("Newco" until further notice /
"The Company"). The Company will operate as a subsidiary of BMO, with certain
key employees participating as minority shareholders.

The Company will spearhead Endúr's enhanced focus towards technical railway and
tram projects. The Company will employ critical resources with competence on
track assembly, catenary, high and low voltage electro, telecom, fiber, signal
and welding etc., and continue Endúr's and BMO's investments in rail-mounted
machinery and equipment.

"We are highly excited about this launch, which will sharpen our focus on
technical railway services. This strategic move will strengthen our position as
a multi-discipline and niche infrastructure contractor, opening new
opportunities for growth", says Aleksander Rød, General Manager of BMO.

"Railway and tram projects, such as bridge replacements and tunnel
rehabilitations, have always been a core and profitable part of BMO's business.
This is a natural extension of our presence in a market with substantial and
long-term investment needs", adds Jeppe Raaholt, CEO of Endúr.

For further comments, contact:

Media:
Aleksander Rød, General Manager of BMO: +47 994 61 454
Jeppe Raaholt, CEO of Endúr: +47 976 69 759

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

About Endúr
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.