Integrated Wind Solutions ASA

Regulatory Filings • Feb 20, 2024

New charter contract for the IWS Windwalker

New charter contract for the IWS Windwalker

Integrated Wind Solutions ASA (“IWS”) has, through its wholly-owned subsidiary, IWS Fleet AS, entered into a time charter contract at market terms with TenneT TSO B.V., a leading European Transmission System Operator owned by the Dutch government. The charter contract has a minimum duration of 4 months and will commence after the vessel has been delivered from the shipyard and sailed to Europe.

Christopher Andersen Heidenreich, COO and Managing Director of IWS Fleet, commented: “We are pleased to announce our first charter contract with TenneT for our second vessel, the IWS Windwalker. The vessel will support maintenance for offshore substations in the Netherlands, demonstrating the ability of the Skywalker class to cover a range of requirements within offshore wind.”

For further information, please contact:

Lars-Henrik Røren

CEO Integrated Wind Solutions

Phone: +47 98 22 85 06

E-mail: lhr@integratedwind.com

Marius Magelie

CFO Integrated Wind Solutions

Phone: +47 920 27 419

E-mail: mm@integratedwind.com

About:

Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels to the offshore wind industry combined with a suite of adhering services to reduce the levelised cost of energy (“LCOE”) for offshore wind. The Company’s first Commissioning Service Operation Vessels (“CSOVs”) is in Europe to commence its first charter contract, and the Company has five additional CSOVs under construction with delivery in 2024 and 2025. Furthermore, IWS owns the offshore wind supply-chain service company, IWS Services A/S and has a 30% ownership in the independent advisor, consultancy, data intelligence and wind farm operator firm PEAK Wind Group.

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