Eqva ASA — Environmental & Social Information 2016

Nov 22, 2016

"GREEN" CONTRACT FOR NORWEGIAN ELECTRIC SYSTEMS

"GREEN" CONTRACT FOR NORWEGIAN ELECTRIC SYSTEMS

Norwegian Electric Systems AS ("NES)", which is owned

50,5% by Havyard Group ASA, has signed a new contract

with Remontowa Shipbuilding in Gdansk for delivery of

two hybrid electric systems for two new ferries. The

owner of the ferries is the British company Transport

of London (TfL) and the LMG Marin 60-DEH design

includes a propulsion system of the latest green

energy. The contract has a total value of MNOK 25-30.

The ferries will operate between Woolwich and Nord

Woolwich on the River Thames in London.

For further information, please contact:

Janiche Bull Pettersen

Adm & Market Executive NES

+47 91 89 99 39