Solstad Maritime ASA

Earnings Release • Oct 30, 2025

Solstad Maritime ASA: Presentation of Third-Quarter 2025 results

Solstad Maritime ASA: Presentation of Third-Quarter 2025 results

Skudeneshavn, 30 October 2025

Solstad Maritime ASA (SOMA) is pleased to present its financial results for the

third quarter of 2025.

CEO Lars Peder Solstad stated:

"The market has shown less activity in third quarter than earlier expected. At

the same time, we maintain a positive outlook for 2026, supported by steady

tendering activity and a solid order backlog."

· Adjusted EBITDA of USD 69 million in the quarter compared to USD 91 million

in the same quarter last year. USD 229 million year to date compared to USD 220

million last year.

· Several contract extensions and new contracts entered into, contributing to

a total order intake of USD 180 million in the quarter equaling a book-to-bill

ratio of 1.2x

· Continued shareholder friendly approach with a cash dividend for Q3 2025 of

USD 0.032/share, totaling USD ~15 million

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 907 59 489

Solstad Maritime ASA

www.solstad-maritime.com

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.