Aker

Earnings Release • Jul 16, 2025

Aker ASA reports second quarter and half-year results 2025

Aker ASA reports second quarter and half-year results 2025

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

66.5 billion at the end of the second quarter 2025, after dividends paid, up

from NOK 61.9 billion at the end of the first quarter. During the first half of

2025, Aker paid a dividend of NOK 26.50 per share, based on the 2024 annual

accounts. This represented a total dividend distribution of NOK 2.0 billion to

Aker's shareholders.

"In a time of global uncertainty, Aker continues to act with discipline, focused

on what we can control and influence. The first half of 2025 reflects our

commitment to long-term value creation - through deliberate portfolio

refinement, strategic steps in real estate, and early positioning in areas we

believe hold long-term potential. Despite continued geopolitical uncertainty and

volatility, we outperformed the market with a total shareholder return of 24.1

percent in the first half of the year, including dividend, our portfolio

continues to demonstrate both resilience and capacity for shareholder value

creation," said Øyvind Eriksen, President and CEO of Aker ASA.

During the first half of 2025, Aker demonstrated active ownership in line with

its long-term strategy of building a more focused portfolio with potential for

value creation. This included expanding its exposure to real estate through

investments in SBB and Public Property Invest and simplifying the portfolio

structure by consolidating ownership in Aker Horizons.

Key Financials - Second Quarter 2025:

. GAV: NOK 76.3bn

. Listed equity investments: NOK 54.7bn

. Unlisted equity investments: NOK 13.3bn

. Cash & Other assets: NOK 8.3bn

. NAV: NOK 66.5bn

. NAV per Share: NOK 895

. Share Price: NOK 655

. Dividend Paid: NOK 26.50 per share (NOK 2.0bn)

. Liquidity: NOK 6.4bn*

(*of which NOK 0.7bn cash and liquid funds, including undrawn credit facilities)

The webcast presentation will be held today at 09:00 CEST at

www.akerasa.com/webcast. All material, incl. excel-file, will be available at

www.akerasa.com

-END-

Media contact:

Atle Kigen, Head of Media Relations and Public Affairs

Tel: +47 90 78 48 78

E-mail: atle.kigen@akerasa.com

Investor contact:

Fredrik Berge, Head of Investor Relations

Tel: +47 45 03 20 90

E-mail: fredrik.berge@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 July 16, 2025, at 07:00 CEST.