Argeo AS

Share Issue/Capital Change • Jan 30, 2025

Argeo AS: New share capital registered

Argeo AS: New share capital registered

Asker, 30 January 2025: On 14 January 2025 a total of 10,000 warrants was exercised in Argeo ASA (the "Company"), each giving the holder thereof the right to subscribe for one (1) share in the Company at a subscription price of NOK 4.15 per share.

Following today's registration of the share capital increase of NOK 5,000 with the Norwegian Register of Business Enterprises, the Company's share capital is NOK 22,213,174.50 , divided into 44,426,349 shares, each with par value of NOK 0.50.

For more information, please contact:

Trond Figenschou Crantz, CEO

Email: trond.crantz@argeo.no

Phone: +47 976 37 273

About Argeo ASA

Argeo is a comprehensive subsea service provider, operating across three major sectors: Oil & Gas, Marine Minerals, and Renewables. The Company offers a unique package that integrates robust vessels, state-of-the-art autonomous underwater vehicles (AUVs), advanced sensors, digital imaging technology, and an intuitive digital platform designed to collect and visualize complex data. 

With their own vessels and high-performance AUVs, Argeo delivers fast and flexible full-lifecycle services, including survey, inspection, maintenance, and repair, aimed at improving efficiency and reducing the carbon footprint for global, industry-leading clients. 

Founded in 2020, Argeo has established offices in Asker (Oslo), Edinburgh, Houston, and Rio de Janeiro. 

The Company is listed on Euronext Oslo Børs under the ticker: ARGEO. Please

visit www.argeo.no for more information.

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