Aker

Earnings Release • May 9, 2025

Aker ASA: First Quarter Results 2025 - Net Asset Value of NOK 61.9 billion

Aker ASA: First Quarter Results 2025 - Net Asset Value of NOK 61.9 billion

The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK

61.9 billion at the end of the first quarter 2025, compared to NOK 58.2 billion

at the end of the fourth quarter 2024. Aker's Annual General Meeting has

approved a dividend of NOK 26.50 per share to be paid in May 2025.

"While our Q1 results reflect a strong start to the year, the world has shifted

significantly since the quarter closed. The emergence of a global trade conflict

has introduced new uncertainty into the global economy, with implications that

continue to evolve. In parallel, we have announced important portfolio actions

designed to address specific challenges and enhance our long-term positioning.

Against this backdrop, our quarterly performance may feel like a snapshot from a

different time. However, it is precisely during times of volatility that Aker's

strengths come to bear and enable us to continue to deliver value and capitalize

on emerging opportunities," said Øyvind Eriksen, President and CEO of Aker ASA.

"Partnerships remain key. Collaborations with companies like SLB and other

global players help us unlock new opportunities. These partnerships are built on

trust in Aker's ability to combine industrial expertise with financial strength.

By taking decisive action in Aker Horizons, as announced this morning, we are

committing Aker's full resources to support existing collaborations and pursue

future opportunities - reducing uncertainty and creating a stronger foundation

for long-term value creation."

At the time of results publication, Aker also announced transactions with Aker

Horizons and Aker Carbon Capture, respectively. Please see the company

announcements for additional information on the transaction elements.

Key financials - first quarter 2025

.    GAV:    NOK 68.7 billion

.    Listed assets:    NOK 47.7 billion

.    Unlisted assets:    NOK 14.2 billion

.    NAV:    NOK 61.9 billion

.    NAV per share:    NOK 834

.    Share price:    NOK 622

.    Dividend to be paid:    NOK 26.50 per share

.    Liquidity:    NOK 9.3 billion* of which NOK 1.1 cash and liquid funds

(*incl. undrawn credit facilities)

The quarterly webcast presentation and materials are available at

www.akerasa.com and www.newsweb.no

-END-

Media contact:

Atle Kigen, Head of Media Relations and Public Affairs, Aker ASA

Tel: +47 90 78 48 78

E-mail: atle.kigen@akerasa.com

Investor contact:

Svein Oskar Stoknes, Chief Financial Officer, Aker ASA

Tel: +47 94 80 46 43

email: svein.stoknes@akerasa.com

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Laila Hop, Paralegal, Aker

ASA, on May 9, 2025, at 07:00 CEST.