12 March 2025 - Repstad Anlegg AS ("Repstad"), a wholly owned subsidiary of
Endúr ASA ("Endúr"), has today been nominated for a new contract for Balsfjord
municipality, worth a total of approximately NOK 150 million.

Repstad will act as main contractor for a site preparation and dredging project
at Bergneset in Balsfjord, Troms. Repstad will perform dredging, soil
stabilization, mass haul and rock filling, preparing the site for the subsequent
establishment of an industrial quay facility. The works are expected to commence
in Q2 2025, with an estimated building period of 18 months. The project is
pending a final investment decision from Balsfjord municipality.

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.