21 May 2025 - BMO Entreprenør AS ("BMO"), a wholly owned subsidiary of Endúr ASA
("Endúr"), has today been awarded a new contract for Troms Fylkeskommune, worth
a total of approximately NOK 110 million.

BMO will act as main contractor for the rehabilitation and expansion of bicycle
and pedestrian lanes on The Tromsø Bridge (No.: Tromsøbrua).

The project involves widening the Northern bicycle lane from 2 to 2.5 meters,
including dismantling, extension and reinstallation of approximately 1,016
cantilevered steel brackets. New deck plates will be installed according to
technical specifications. Both the Northern and Southern bridge wings will be
upgraded with cathodic protection systems and moisture insulation. On the
Southern pedestrian lane, adhesive anchors will be replaced with through bolts.
A new lighting system will also be established, including power distribution and
cable routing on new cable ladders. The contract is a unit price execution
contract.

Work will commence once the agreement is signed and required guarantees and
insurance certificates are provided. The bridge will be closed to vehicular and
public transport during three defined periods in 2025 and 2026, while remaining
open to pedestrians and cyclists. Final completion is scheduled within Q3 2026.

ENDS

For further information, please contact:

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

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 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.