Endúr ASA - Contract award Engelsen Total

29 April 2026 - Engelsen Total AS ("Engelsen Total"), soon to become a
subsidiary of Total Betong AS ("Totalbetong"), a wholly owned subsidiary of
Endúr ASA ("Endúr"), has been awarded a turnkey contract for the engineering and
construction of changing room and industrial safety facilities for Hydro Husnes
in Kvinnherad, Norway. The contract has a value of approximately NOK ~60
million.

The scope of work also includes finishing groundworks and infrastructure
connections. The construction phase will commence in Q3 in 2026, with an
estimated building period of 12 months.

(ENDS)

For further information, please contact:

Media:
Jeppe Raaholt, CEO Endúr, tel: +47 976 69 759
Tor Gunnar Isdahl, Managing Director Engelsen Total, tel: +47 948 24 325

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

About Endúr ASA
Endúr ASA (XOSL: ENDUR) is a leading Scandinavian contractor headquartered in
Lysaker and listed on the Oslo Stock Exchange. The company specializes in
critical infrastructure, including bridges, quays, tunnels, and dams. Operating
as a disciplined serial acquirer (compounder), the group utilizes a
decentralized model that grants subsidiaries high autonomy to preserve their
technical expertise and local market positions. Endúr drives long-term value
through strategic platform acquisitions and targeted bolt-ons in fragmented
niche markets.