Integrated Wind Solutions ASA

Report Publication Announcement • Mar 21, 2022

Integrated Wind Solutions: New charter contract at Dogger Bank

Integrated Wind Solutions: New charter contract at Dogger Bank

Integrated Wind Solutions ASA (OSE ticker: IWS) is pleased to announce that its fully owned subsidiary IWS Fleet AS has been notified by Dogger Bank Wind Farm that they intend to sign a charter contract for one of IWS’ Skywalker class Walk-to-Work Commissioning Service Operation Vessels for the third phase of the wind farm, Dogger Bank C. The charter contract will have a firm duration of 331 days with commencement in 2025.

The contract will be effective when contractual documentation is completed, expected in Q2 2022.

Integrated Wind Solutions ASA has already secured two charter contracts with the Dogger Bank consortium with a start-up in 2023 and 2024 for the Dogger Bank phase A and B, respectively.

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:

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 levelized cost of energy (LCOE) for offshore wind. The Company has two Walk-to-Work Commissioning Service Operation Vessels (CSOV) under construction with delivery in 2023, and options for up to four additional sister vessels. Furthermore, Integrated Wind Solutions 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. For more information, see the company website: www.integratedwind.com