May 21, 2024 - Repstad Anlegg AS ("Repstad"), a wholly owned
subsidiary of Endúr ASA ("Endúr"), has been awarded a new contract for
Stavangerregionen Havn IKS. 

Repstad has been awarded the contract for developing new quay facilities in
Risavika for The Stavanger Region Port (Norwegian: Stavangerregionen Havn IKS).
The contract has a value of approximately NOK 85 million.

The work includes the design and construction of a 127-meter new deep-water quay
with fenders, being built as an extension to the site's existing quay.
Construction works are planned to start as soon as all permits are in place, and
are scheduled for completion in Q2 2025.

"We are very grateful for being chosen as the preferred supplier for this
project and look forward to a good collaboration with Stavangerregionen Havn
IKS", says General Manager of Repstad Bernt Olav Holen. 

"This award is a confirmation of our Group's competitive strength within an
attractive niche for rehabilitation and construction of port facilities", adds
CEO of Endur ASA Jeppe Raaholt.

For further comments, contact:

Media:
Bernt Olav Holen, General Manager of Repstad Anlegg AS: +47 906 70 156
Jeppe Raaholt, CEO of Endúr ASA: +47 976 69 759

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

About Endúr
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 specialised
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.