12.5.2026 06:58:57 CEST | Soiltech ASA | Additional regulated information
required to be disclosed under the laws of a member state

Soiltech ASA (OSE: STECH)
Sandnes, Norway, 12 May 2026

SOILTECH DELIVERS STRONG RESULTS IN THE QUARTER. PLACING EQUIPMENT ORDERS FOR
MORE THAN NOK 100 MILLION 

Soiltech reports strong Q1 results with revenue of NOK 100 million, a 17%
increase year-over-year. EBITDA adj. was NOK 25 million, an increase of 36%
year-over-year, while profit before tax was NOK 10 million, an increase of 42%
year-over-year.

First Quarter Highlights

 * Revenues of 100 million, +17% year on year (YoY)
 * EBITDA adj. of NOK 25 million, +36% YoY
 * EBITDA adj. margin of 25%, up from 21% YoY
 * Profit before tax of NOK 10 million, up from NOK 7 million YoY
 * Profit before tax margin 10%, up from 8% YoY 

"Soiltech delivered a solid quarter with strong profitability, driven by strong
operational performance and high activity across the contract portfolio. We have
started 2026 in a good way, securing several new contracts, including a two-year
extension of the Equinor frame agreement. Market visibility remains strong. In
2026, we have already ordered new equipment for more than NOK 100 million, and
strengthened our business development and sales team, to capture new growth
opportunities," says Soiltech CEO Jan Erik Tveteraas.

Chief Executive Officer Jan Erik Tveteraas and Chief Financial Officer Tove
Vestlie will be hosting a webcast and Q&A session at 11:30 am today to discuss
the results.

Please use the following link to sign up for the webcast: (Presentation is
attached)

https://events.teams.microsoft.com/event/d497b69e-6926-4d40-b97b-af397887daf2@c2
88c771-c0e2-4e8c-b1ef-7e1ca1e5d216

Expected duration: 30 minutes incl. Q&A.

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

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17849399/18899987/9967/Download%20announce
ment%20as%20PDF.pdf

SOILTECH Q1 2026.pdf -
https://kommunikasjon.ntb.no/ir-files/17849399/18899987/9934/SOILTECH%20Q1%20202
6.pdf

Presentation STECH Q1 2026.pdf -
https://kommunikasjon.ntb.no/ir-files/17849399/18899987/9935/Presentation%20STEC
H%20Q1%202026.pdf
https://kommunikasjon.ntb.no/ir-files/17849399/18899987/9935/Presentation%20STEC\
H%20Q1%202026.pdf\