Stavanger, 18 February 2025: Reference is made to the mandatory notification of
trade disclosed by Moreld AS ("Moreld") on 18 December 2024 regarding the
lending of shares in Moreld by Allard 2 Limited (a close associate of Julian
McIntyre, chair of the board of Moreld) to Pareto Securities AS, acting as
stabilisation manager on behalf of the Managers (as defined therein), for the
purpose of facilitating delivery of over-allotted shares in the private
placement completed prior to the admission to trading of Moreld's shares on
Euronext Growth Oslo (the "Listing"). Reference is further made to Moreld's
stock exchange announcements on 17 and 20 January 2025 regarding the end of the
stabilisation period and the board of directors' resolution to increase Moreld's
share capital following Pareto Securities AS' partial exercise of the greenshoe
option granted by Moreld in connection with the private placement and the
Listing.

After the expiry of the closed period pursuant to the EU Market Abuse
Regulation, Pareto Securities AS will redeliver 4,561,204 shares in Moreld to
Allard 2 Limited, as settlement of the borrowed shares described above.

Furthermore, Allard 2 Limited has on 17 February 2025 acquired 66,859 shares in
Moreld at an average price of NOK 15.6184 per share.

Following the redelivery of shares and share purchase, Allard 2 Limited's
shareholding in Moreld has increased to 51,354,882 shares, equivalent to 28.60%
of the issued share capital and votes.

Please see the enclosed form for further details.

For more information, please contact:

CEO Geir Austigard 
Telephone: +47 992 47 500 
Email: Geir.austigard@moreld.com 

CFO Trond Rosnes 
Telephone: +47 404 14 494 
Email: Trond.rosnes@moreld.com

This information is subject to the disclosure requirements in article 19 of the
EU Market Abuse Regulation (596/2014) and section 5-12 of the Norwegian
Securities Trading Act.

About Moreld

Moreld is an industrial multi-disciplinary engineering group offering full-scope
services across the offshore energy and marine industries including subsea
installations. The group comprises Moreld Apply, Ocean Installer and Global
Maritime. Moreld is a major player on the Norwegian continental shelf with an
international footprint. The group is located in 19 countries, giving access to
all major offshore markets, and has over 2,800 employees and contractors. For
more information, please visit https://moreld.com/.