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North Energy ASA

Earnings Release Nov 19, 2025

3689_rns_2025-11-19_da616960-53d7-466b-9991-bc997926bd3a.html

Earnings Release

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North Energy ASA – Results for the third quarter 2025

North Energy ASA – Results for the third quarter 2025

North Energy ASA ("North Energy" or "Company") recorded a comprehensive loss of NOK 15.9 million in the third quarter of 2025 compared to a comprehensive income of NOK 37.1 million in the same quarter last year. The loss reported this quarter is mostly driven by a negative change in fair value of financial investments, partly offset by income from associated companies and lower operational expenses compared to the third quarter last year.

At the end of the third quarter of 2025, North Energy's Net Asset Value (NAV) was NOK 569.1 million. Adjusted for dividends paid, NAV decreased by NOK 2.3 million (-0.4%) from last quarter and by NOK 4.7 million (-0.8%) from the same quarter last year.

The report for the third quarter of 2025 is attached and available on the Company's website, www.northenergy.no.

DISCLOSURE REGULATION

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

CONTACTS

Rune Damm, CFO, (+47) 4166 6685, [email protected]

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