Integrated Wind Solutions ASA ("IWS") has, through its wholly-owned subsidiary,
IWS Fleet AS ("IWS Fleet"), entered into a frame term agreement with Siemens
Gamesa Renewable Energy A/S ("Siemens Gamesa"), one of the leading turbine
manufacturers in the offshore wind industry.

IWS Fleet will, under the agreement, provide the Skywalker-class walk-to-work
CSOVs to support offshore turbine commissioning works across multiple Siemens
Gamesa offshore projects in North Europe over a three-year period starting in
2025. The minimum commitment under the charter agreement covers about 1,300 days
with a revenue backlog of EUR 51-55 million. Furthermore, IWS Fleet has a first
right of refusal to provide more vessel capacity if Siemens Gamesa has
additional requirements.

Bo Sommer Jacobsen, Head of Marine Operation, Siemens Gamesa commented: "We are
pleased to partner with Integrated Wind Solutions and IWS Fleet for our upcoming
project portfolio in Northern Europe. This agreement is an important strategic
step for Siemens Gamesa to execute our backlog in the coming years. This
collaboration, underpinned by IWS's commitment aligns with our goal to lead the
offshore wind industry with innovative and sustainable solutions."

Lars-Henrik Røren, the CEO, commented: "The award of this frame term agreement
is a quality stamp to IWS Fleet's ability to deliver high-quality, high
operability and flexibility to an industry-leading offshore wind turbine
provider. This agreement is a significant milestone for IWS and improves the
company's earnings visibility and financial strength.

Christopher Andersen Heidenreich, COO and Managing Director of IWS Fleet,
commented: "We are very proud to announce this strategic partnership with
Siemens Gamesa Renewable Energy, which is a testament to IWS Fleet. This
agreement is one of the largest contracts ever awarded for walk-to-work turbine
commissioning, confirming the success of our strategy to build identical and
interchangeable vessels supported by a strong organisation onshore and onboard
the vessels. We look forward to showcasing the Skywalker class vessels to our
clients."


For further information, please contact:
Lars-Henrik Røren
CEO Integrated Wind Solutions
Phone: +47 98 22 85 06
E-mail: lhr@integratedwind.com

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

About:
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's
first Commissioning Service Operation Vessels ("CSOVs") is en route to Europe to
commence its first charter contract and the Company has five additional CSOVs
under construction with delivery in 2024 and 2025 in addition to options for two
additional vessels. Furthermore, IWS owns the offshore wind supply-chain service
company, IWS Services A/S and has a 30% ownership in the independent advisor,
consultancy, data intelligence and wind farm operator firm PEAK Wind Group.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.