Aker Horizons — Audit Report / Information 2025

May 15, 2025

To the General Meeting of Aker Horizons ASA

Opinon about coverage for non-distributable equity after share capital reduction

We have performed procedures to examine whether there is full cover for the remaining share capital and other non-distributable equity after the reduction in share capital in Aker Horizons ASA

The board of directors' responsibility for the reduction

The board of directors is responsible for ensuring that the reduction does not compromise the requirement for full cover for the company's non-distributable equity according to the Public Limited Liability Companies Act Section 12-2.

Auditor's responsibility

Our responsibility is to express an opinion on whether there is full coverage for the company's nondistributable equity according to the Public Limited Liability Companies Act Section 12-2.

We have performed our procedures and issue our opinion on basis of the Norwegian auditing standard NSAE 3802 "Auditor's attestations required by Norwegian Limited Liability Companies legislation[1]". The standard requires that we plan and perform procedures to obtain reasonable assurance about whether there is full cover for the remaining share capital and non-distributable equity after due consideration has been given to post balance sheet events and losses expected to occur. Our procedures include an examination of the calculations the board of directors is responsible for, and an assessment of whether due consideration has been given to post balance sheet events that may result in inadequate cover.

We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Opinion

In our opinion, after the share capital reduction of NOK 683 445 263,49, from NOK 690 348 751 to NOK 6 903 487,51, there is coverage for the remaining share capital and other restricted equity in accordance with the Public Limited Liability Companies Act.

Oslo, 15 May 2025 PricewaterhouseCoopers AS

Thomas Fraurud State Authorised Public Accountant

Note: This translation from Norwegian has been prepared for information purposes only.

[1] Norwegian name of standard: SA 3802-1 Revisors attestasjoner etter aksjelovgivningen