Akastor - Capital/Financing Update 2026

Akastor ASA: Sale of Skandi Emerald by DDW Offshore

Akastor ASA's (OSE: AKAST, "Akastor") subsidiary DDW Offshore AS ("DDW

Offshore") has entered into a binding agreement to sell the vessel "Skandi

Emerald" for a purchase price of USD 23 million. The agreement is entered into

on Saleform 2012 terms, suitably amended for the transaction.

Completion of the agreement is subject to customary closing conditions and is

expected to take place in Q2 2026. Following the vessel sale, DDW Offshore's

revolving credit facility will be reduced from USD 16 million to USD 8

million.

For further information, please contact:

Øyvind Paaske

Chief Financial Officer

Tel: +47 917 59 705

Akastor is a Norway-based oil-services investment company with a portfolio of

industrial holdings and other investments. The company has a flexible mandate

for active ownership and long-term value creation.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

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