Havila Kystruten AS

Business and Financial Review • Aug 11, 2025

Havila Kystruten AS: Trading Update for July 2025

Havila Kystruten AS: Trading Update for July 2025

Operational Highlights July

* Occupancy in July reached 82%, a 4% increase compared with last year.

* Average Cabin Revenue (ACR) increased by approx. 15% compared to July 2024.

* Total ticket revenue grew by more than 30% year-over-year, with more than

40% growth in ticket revenue for shorter voyages.

Booking Position 2025

* As of today, 66% of 2025 capacity is booked, representing about 88% of the

full-year targeted cabin nights.

* ACR is currently more than 20% above same time last year for the full year.

Booking Position 2026

* 27% of 2026 capacity is already booked with more than 10% higher ACR than

same time last year for 2025.

* Forward bookings support continued revenue growth and EBITDA margin

expansion into 2026.

*The KPIs provided are sourced from the Company's (unaudited) booking system.

Consequently, there may be variations or minor discrepancies in absolute figures

and periodization compared to the reported financial statements. Revenue in

currency (for ACR) is based on the booking system currency rate.

Contacts:

Chief Executive Officer: Bent Martini, +47 905 99 650

Chief Financial Officer: Aleksander Røynesdal, +47 413 18 114

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act