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Business and Financial Review • Feb 20, 2024

Aquila Holdings announces Utsira multi-client transfer fees

Aquila Holdings announces Utsira multi-client transfer fees

Oslo, 20 February 2024

Aquila Holdings (through its wholly owned subsidiary Axxis Multi Client AS) today announces USD 1.1 million in revenues relating to transfer fees. The revenues will be booked in the first quarter of 2024. Under the agreements, the customers will license Aquila Holdings’ Utsira multi-client survey in Norway.

For further information, please contact:

Nils Haugestad, Interim CEO & CFO

nils.haugestad@aquilaholdings.no

+47 977 04 439

About Aquila Holdings

Aquila Holdings ASA ("AQUIL") is a Norwegian seismic multi-client and investment company listed on Euronext Expand. Aquila Holdings specializes in 3D ocean bottom node seismic multi-client data for near-field exploration. The company holds two key seismic multi-client assets, one in Norway and one in Egypt. Aquila Holdings also has an investment arm, with focus on investments in listed companies as well as companies expected to be listed.

More information on www.aquilaholdings.no

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