Integrated Wind Solutions ASA

Share Issue/Capital Change • Jan 28, 2025

IWS: Last day of the Application Period and information regarding ISIN change

IWS: Last day of the Application Period and information regarding ISIN change

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Oslo, 28 January 2025: Reference is made to the stock exchange announcement made by Integrated Wind Solutions ASA ("IWS" or the "Company") on 15 January, 2025 regarding the launch of the retail offering (the "Offering") in connection with the Company's contemplated uplisting to Euronext Oslo Børs and the approval and publication of the prospectus (the “Prospectus”).

The application period for the retail offering expires at 16:30 hours (CET) today, 28 January 2025. Applicants in the Offering who are located in Norway may apply for Offer Shares through SpareBank 1 Markets AS (by delivery of an Application Form or through the VPS online application system)

Applications in the Offering can no longer be made through the webservices of Nordnet, as the deadline for subscription through Nordnet expired yesterday at 23:59 (CET) on 27 January 2025.

Additional information and terms regarding the Offering, including conditions for completion and further instructions regarding the procedures for application of Offer Shares, are included in the Prospectus.

The Prospectus is, subject to regulatory restrictions in certain jurisdictions, available at the websites: www.integratedwind.com, www.sb1markets.no/transaksjoner, www.nordnet.no, www.nordnet.dk and www.nordnet.se.

The Company's shares will change ISIN as part of the uplisting process to facilitate that investors in the Offering may subscribe and hold the new shares on a Norwegian share savings account (NW: aksjesparekonto). The Company's existing shares that are registered on the current ISIN NO 0010955883 (the "Original ISIN") are expected to be tradeable on Euronext Growth Oslo until and including 31 January 2025, which is expected to be the last trading day before the market transfer to Euronext Oslo Børs. All of the Company's shares, including the shares on the Original ISIN and the new shares issued in the Offering, are expected to be tradeable on Euronext Oslo Børs on the new ISIN NO 0013461350 (the "New ISIN") from and including 3 February 2025.

The ISIN change by transfer of all shares on the Original ISIN to the New ISIN will be effected in the VPS after close of trading on Euronext Oslo Børs on 4 February 2025 with effect from 5 February 2025, which is the date when all trades registered on the Original ISIN on 31 January 2025 have been settled in the VPS based on a T+2 settlement cycle. Trading of shares that are registered on the Original ISIN with a regular T+2 settlement cycle can thus be made on the New ISIN from 3 February 2025 as these trades will settle on 5 February 2025.

Further, due to technical reasons, the shares in the Company registered on the Original ISIN will be traded on the temporary ticker code "IWST" from and including 30 January 2025 to and including the last day before the market transfer, expected on 31 January 2025. All trades carried out from the effective date for the market transfer, expected on 3 February 2025, will be done on the current ticker "IWS".

The above timeline is subject to the admission to trading to Euronext Oslo Børs taking place on 3 February 2025 as planned. In case of any delay in the timeline, updated information will be provided.

SpareBank 1 Markets AS is acting as Manager in connection with the Offering, and Nordnet Bank AB is acting as Placing Agent.

Advokatfirmaet Wiersholm AS is acting as legal counsel to the Company.

For further information, please contact:

Marius Magelie

Group 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 the levelised cost of energy (“LCOE”) for offshore wind. The Company owns 74.62% of IWS Fleet AS, which has four Commissioning Service Operation Vessels (“CSOVs”) delivered and two CSOVs under construction with delivery in 2025. Furthermore, IWS owns the offshore wind supply-chain service company, IWS Services A/S and the investment in the independent advisor, consultancy, data intelligence and wind farm operator firm PEAK Wind Group.

Important Notice

This announcement is not an offer to sell or a solicitation of any offer to buy any securities of the Company. The contents of this announcement have been prepared by and are the sole responsibility of the Company. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness.

Copies of this announcement are not being made and may not be distributed or sent into any other jurisdiction than Norway, Denmark and Sweden, including but not limited to the United States of America, Australia, New Zealand, Canada, the Hong Kong Administrative Region of the People’s Republic of China or Japan.

Any offering of the securities referred to in this announcement will be made by means of a prospectus. This announcement is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (together with any related implementing and delegated regulations, the “Prospectus Regulation”). Investors should not invest in any securities referred to in this announcement except on the basis of information contained in the aforementioned prospectus.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any offering in the United States or to conduct a public offering of securities in the United States.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice. Neither the Company nor the Manager undertake any obligation to review, update, confirm or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this communication.

The Manager is acting exclusively for the Company and no one else in connection with the Offering. It will not regard any other person as its clients in relation to the planned Offering and will not be responsible to anyone other than the Company for providing the protections afforded to its clients, nor for providing advice in relation to the offering, the contents of this announcement or any transaction, arrangement or other matter referred to herein. None of the Manager or any of its directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this release (or whether any information has been omitted from the release) or any other information relating to the Company, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available, or for any loss howsoever arising from any use of this release or its contents or otherwise arising in connection therewith.