21 March 2024 - Artec Aqua AS ("Artec Aqua"), a wholly owned subsidiary of Endúr
ASA ("Endúr"), has been awarded a material new contract for Eide Smolt AS ("Eide
Smolt"), worth a total of approximately NOK 70 million. The contract includes an
option, callable at Eide Smolt's discretion, for an additional NOK 38 million.

Artec Aqua has today been awarded a turnkey contract with Eide Smolt, worth an
estimated NOK 70 million in revenues, including an option for an additional NOK
38 million. The scope of the contract includes rehabilitation of a smolt
facility located in Sundal/Mauranger. As turnkey supplier, Artec Aqua will
deliver engineering, construction and commissioning of the smolt facility. The
well-known and proven Artec Aqua Hybrid SystemTM will be used as technology.
Engineering is already in process and the construction phase is expected to
commence in early Q2 2024, with an estimated building period of 9 months. The
project lies within the core of Artec Aqua's competencies, with the scope of
work and contract format being well known.

"We are grateful for the opportunity to deliver this facility to Eide Smolt. As
this is our first contract with Eide Smolt, we are hopeful that this project
marks the beginning of a long-term relationship", says Ingegjerd Eidsvik, CEO of
Artec Aqua.

ENDS
For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759

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

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance
projects and services for marine 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 specialised project and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endur.no.