03 June 2025 - Repstad Anlegg AS ("Repstad"), a wholly owned subsidiary of Endúr
ASA ("Endúr"), has been awarded a new contract for the Port Authority in Oslo
("Oslo Havn KF"), worth a total of approximately NOK 250 million.

Repstad has today been awarded a design and build contract with an estimated NOK
250 million in revenues, as main contractor for the construction of a quay
facility in Oslo. Repstad will perform demolition, sub-sea blasting, dredging
and concrete works for the new 300m long quay front. 

The works are expected to commence in Q2/Q3 in 2025, with an estimated building
period of 20 months. The client, scope of work and contract format are well
known, and all the works are within the core competencies of Repstad. 

"We are delighted to announce this award, as we have worked with this strategic
tender over a long period of time and our bid was rated with top score on all
qualitative criteria", says General Manager of Repstad, Bernt Olav Holen.

ENDS
For further information, please contact:

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

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.