STECH: Soiltech awarded expanded scope on Deepsea Yantai

15.9.2026 12:40:50 CEST | Soiltech ASA | Non-regulatory press releases

Soiltech ASA (OSE: STECH)
Sandnes, Norway, 15 September 2026

Soiltech's scope on Deepsea Yantai under a contract with DNO and Elemental
Energies in Norway has been expanded to include Soiltech's SmartTransfer?
technology, with effect from fourth quarter 2026.The additional scope
constitutes a large contract¹ for Soiltech and covers solid waste management
services on the rig and the transfer of drill cuttings to shore by PSV.

"We appreciate the continued trust our customer has placed in us. Our priority
is to deliver safe, efficient and reliable operations, while creating value
through high-quality services. We look forward to continuing the strong
collaboration throughout the contract period,"says Erik Bjøndal-Røvde,
Soiltech's COO.

1. Contract sizes
A sizable contract has an estimated value of MNOK 5 - 10
A substantial contract has an estimated value of MNOK 10 - 20
A large contract has an estimated value above MNOK 20

DISCLOSURE REGULATION

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

CONTACTS

 * Jan Erik Tveteraas, CEO, Soiltech ASA 
 * Tove Vestlie, CFO / Investor Relations, Soiltech ASA,
   tove.vestlie@soiltech.no 

ABOUT SOILTECH ASA

Soiltech is an innovative technology company specializing in the treatment,
recycling and sustainable handling of contaminated water and solid waste on
site. Our technologies enable cost savings and lower CO2 emissions through waste
reduction, waste recovery and reuse. Soiltech operates world-wide and is
headquartered in Norway.

ATTACHMENTS

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