Haugesund 26.02.2026, Reach Subsea has secured a contract with Equinor on behalf
of Gassco for external inspection of approximately 3,500 kilometres of pipeline
in Norway and along export routes to Denmark, Germany and the UK, with options
for additional work in the Netherlands, Belgium and France.

The contract covers external inspection of a large part of Gassco's subsea
pipeline portfolio and will be executed using Reach Remote 1, Reach Subsea's
uncrewed surface vessel solution, fully qualified in 2025, and the company's
high-speed survey SROV capability operated from a conventionally crewed vessel
where required.

Reach Subsea has additionally this week received the Cargo Ship Trading
Certificate for Reach Remote 1 from the Norwegian Maritime Authority. Having
previously operated under temporary permission, Reach Remote now holds full
flagstate approval for commercial operations in European waters, marking a
historic milestone for remotely operated vessels.

- This contract is a strong validation of Reach Subsea's remote inspection
capabilities and our long-term investment in uncrewed and autonomous
technologies. The scale and geographic spread of the campaign demonstrate how
Reach Remote can be deployed efficiently across multiple regions while
maintaining high operational and data quality standards. Now also with the firm
Cargo Ship Trading Certificate, said Jostein Alendal, CEO at Reach Subsea.

The planning and preparation of the inspection campaign will commence
immediately with the majority of the offshore operation performed in Q2 2026.

Both Equinor and Gassco are recognised for their contribution to the award,
reflecting their continued focus on innovative, efficient and low-emission
solutions for inspection of critical offshore energy infrastructure.

The contract award reflects Reach Subsea's leading technology, advanced
underwater robotics and remote operations capabilities. 

-ENDS- 


For more information please contact: 
Arne Joa 
Chief Financial Officer 
Reach Subsea ASA 
arne.joa@reachsubsea.com

About Reach Subsea 
Reach Subsea delivers its services through a versatile fleet of vessels,
including survey, IMR, construction support, and remote vessels. Our teams
operate worldwide, providing inspection, maintenance, construction support,
survey and data services across multiple industries, supporting clients
throughout every stage of their project lifecycles. Our offshore teams are
powered by advanced ROV technology and backed by onshore engineering expertise,
turning complex ocean challenges into reliable solutions. With over 500 skilled
professionals and offices in Norway, Sweden, the UK, the US, Brazil, Trinidad,
Australia, and Singapore, our vision-'Sustainable access to ocean space'-drives
safe, innovative, and sustainable subsea operations. 

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading
Act. This stock exchange announcement was published by Jorunn Håvardsholm,
Communications and Marketing Director at Reach Subsea AS on the time and date
provided.