NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE
HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR
JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES
DESCRIBED HEREIN.

Reference is made to the stock exchange announcement made by Integrated Wind
Solutions ASA ("IWS" or the "Company") on 15 January, 2025, where the Company
announced the decision to uplist the Company's shares (the "Shares") from
Euronext Growth Oslo to Euronext Oslo Børs (the "Uplisting"), the terms of a
retail offering to the public in Norway, Denmark and Sweden (the "Offering") and
the approval and publication of the Company's prospectus (the "Prospectus"),
prepared in connection with the Offering and the Uplisting.

The application period in the Offering will commence today, at 09:00 (CET) on 17
January 2025 and end at 16:30 (CET) on 28 January 2025 (the "Application
Period"), unless extended as further set out in the Prospectus. Applications
through Nordnet must be made within 23.59 (CET) on 27 January 2025.

The price ("Offer Price") at which the Offer Shares will be issued and sold will
be set at a 10% discount to the volume-weighted average price ("VWAP") of the
Shares on Euronext Growth Oslo during the Application Period. The final Offer
Price will be rounded down to the nearest one decimal. The final Offer Price
will be announced in connection with the publication of the results of the
Offering post close of the Application Period on or about 29 January 2025.

The Prospectus has been passported to Denmark and Sweden and is, subject to
regulatory restrictions in certain jurisdictions, available at the websites:
www.integratedwind.com, www.sb1markets.no/transaksjoner, www.nordnet.no,
www.nordnet.dk and www.nordnet.se.

Applicants in the Offering who are located in Norway may apply for Offer Shares
through either SpareBank 1 Markets AS (by delivery of an Application Form or
through the VPS online application system) or the webservices of Nordnet, while
applicants who are located in Denmark and Sweden are only permitted to apply
through the webservices of Nordnet.

Applicants applying for Offer Shares electronically through the webservices of
Nordnet will be required to submit their applications no later than 23:59 (CET)
on 27 January 2025. Please note the shorter application period for applicants
using the Nordnet webservice.

Additional information and terms regarding the Offering, including conditions
for completion and further instructions regarding the procedures for application
of Offer Shares, are included in the Prospectus.

SpareBank 1 Markets AS is acting as Manager in connection with the Offering, and
Nordnet Bank AB is acting as Placing Agent.

Advokatfirmaet Wiersholm AS is acting as legal counsel to the Company.

For further information, please contact:

Marius Magelie
Group CFO Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com

Lars-Henrik Røren 
CEO Integrated Wind Solutions 
Phone: +47 98 22 85 06
E-mail: lhr@integratedwind.com


About Integrated Wind Solutions ASA
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry combined with a suite of adhering services to
reduce the levelised cost of energy ("LCOE") for offshore wind. The Company owns
74.62% of IWS Fleet AS, which has four Commissioning Service Operation Vessels
("CSOVs") delivered and two CSOVs under construction with delivery in 2025.
Furthermore, IWS owns the offshore wind supply-chain service company, IWS
Services A/S and the investment in the independent advisor, consultancy, data
intelligence and wind farm operator firm PEAK Wind Group.


Important Notice
This announcement is not an offer to sell or a solicitation of any offer to buy
any securities of the Company. The contents of this announcement have been
prepared by and are the sole responsibility of the Company. The information
contained in this announcement is for background purposes only and does not
purport to be full or complete. No reliance may be placed by any person for any
purpose on the information contained in this announcement or its accuracy,
fairness or completeness.

Copies of this announcement are not being made and may not be distributed or
sent into any other jurisdiction than Norway, Denmark and Sweden, including but
not limited to the United States of America, Australia, New Zealand, Canada, the
Hong Kong Administrative Region of the People's Republic of China or Japan.

Any offering of the securities referred to in this announcement will be made by
means of a prospectus. This announcement is not a prospectus for the purposes of
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14
June 2017 on the prospectus to be published when securities are offered to the
public or admitted to trading on a regulated market, and repealing Directive
2003/71/EC (together with any related implementing and delegated regulations,
the "Prospectus Regulation"). Investors should not invest in any securities
referred to in this announcement except on the basis of information contained in
the aforementioned prospectus.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an exemption from the registration requirements of the
Securities Act and in accordance with applicable U.S. state securities laws. The
Company does not intend to register any offering in the United States or to
conduct a public offering of securities in the United States.

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe," "expect," "anticipate",
"intends", "estimate", "will", "may", "continue", "should" and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although the Company believes that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies and other important factors which are difficult or
impossible to predict and are beyond its control. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements. The information, opinions and forward-looking
statements contained in this announcement speak only as at its date and are
subject to change without notice. Neither the Company nor the Manager undertake
any obligation to review, update, confirm or release publicly any revisions to
any forward-looking statements to reflect events that occur or circumstances
that arise in relation to the content of this communication.

The Manager is acting exclusively for the Company and no one else in connection
with the Offering. It will not regard any other person as its clients in
relation to the planned Offering and will not be responsible to anyone other
than the Company for providing the protections afforded to its clients, nor for
providing advice in relation to the offering, the contents of this announcement
or any transaction, arrangement or other matter referred to herein. None of the
Manager or any of its directors, officers, employees, advisers or agents accepts
any responsibility or liability whatsoever for or makes any representation or
warranty, express or implied, as to the truth, accuracy or completeness of the
information in this release (or whether any information has been omitted from
the release) or any other information relating to the Company, whether written,
oral or in a visual or electronic form, and howsoever transmitted or made
available, or for any loss howsoever arising from any use of this release or its
contents or otherwise arising in connection therewith.