OSLO, JANUARY 21, 2025 - Reference is made to the stock exchange announcement
published by Endúr ASA (the "Company") on January 17, 2025, regarding the
completion of the acquisition of 100% of the shares in VAQ AS ("Acquisition"). 

As a part of the Acquisition, the Company has issued and transferred in total
937 566 shares in the Company ("Consideration Shares") to the sellers. Of these,
887,566 Consideration Shares are issued through a capital increase, and 50,000
Consideration Shares are transferred from the Company's holding of treasury
shares. 

The share capital increase pertaining to the Consideration Shares has now been
registered with the Norwegian Register of Business Enterprises. Following such
registration, the Company's new share capital is NOK 18,888,858 divided into
37,777,716 shares, each with a nominal value of NOK 0.5

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: ENDÚR) is a leading supplier of construction and maintenance
projects and services of 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 specialized projects and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endúr.no.