Scana ASA: Second quarter results 2026 - Stable revenue and solid profitability

Bergen, 19 August 2026: Scana delivered stable revenue and solid profitability
in the second quarter. The results reflect strong cost discipline, improved
operational efficiency and a more resilient business model. 

Q2 2026 Financial Highlights

o Revenue NOK 388 million
o EBITDA NOK 49 million
o EBITDA margin 13 %
o Order intake NOK 346 million
o Order backlog NOK 1045 million

Offshore delivered a strong quarter, supported by high activity levels and solid
profitability. Stable activity at Mongstad, combined with offshore wind, subsea
and valve control projects, contributed to healthy earnings. The division
reported solid order intake, including LNG-related contract awards.

Energy continued to operate with a disciplined cost base during the quarter,
however activity levels remained below what is required to deliver satisfactory
results. Order intake was lower than expected, while the project pipeline
remains strong and growing. The division remains well positioned to support
future growth through its existing operational capacity.

Q2 Presentation
Scana's Q2 2026 results will be presented today at 09:45 CEST by CEO Baste
Tveito and CFO Morten Riiser. The presentation takes place at the Vestland på
Børs conference in Bergen.

The webcast presentation can be viewed at this link: 
https://qcnl.tv/p/fhASEqBiUyXuVmFkssbQLQ

The presentation will be available for replay shortly afterward on Scana's
website, www.scana.no.

Attached to this stock exchange notice are the reports for the second quarter
and the first half of the year.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Stian Vikebø, General Counsel at Scana ASA, on 19
August 2026 at 08:00 CEST.

For more information, please contact:

Baste Tveito, CEO, Scana ASA, +47 916 69 641

Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has around 500 employees.
www.scana.no
na is headquartered in Bergen and has around 500 employees.\
www.scana.no\