Eqva ASA

Share Issue/Capital Change • Mar 24, 2025

Eqva ASA: Share capital registered

Eqva ASA: Share capital registered

24 March 2025: Reference is made to the stock exchange notice by Eqva ASA (the "Company") published on 17 February 2025 regarding the business combination with IMTAS Group.

As part of the consideration to the sellers, NOK 68.8 million is settled by the issuance of 6,113,165 shares in EQVA (“The Consideration Shares”) to the sellers at a subscription price of NOK 11.25 per Consideration Share. 5,616,438 of The Consideration Shares has been issued at completion of the acquisition of the shares of IMTAS AS. The remaining 496,727 Consideration Shares will be issued upon completion of the IMTAS Reorganization.

The share capital increase pertaining to the acquisition of the shares of IMTAS AS (5,616,438 new shares) is now registered with the Norwegian Register of Business Enterprises. Following this, the Company's registered share capital is NOK 4,050,622.35 divided into 81,012,447 shares, each with a nominal value of NOK 0.05 and carrying one vote in the Company's general meeting.

For more information, please contact:

Even Matre Ellingsen, CEO: +47 990 05 500

Petter Sørdahl, CFO: +47 917 56 147

This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Oslo Børs and section 5-12 of the Norwegian Securities Trading Act.

About EQVA ASA

EQVA is main board listed Norwegian compounder company that specializes in acquiring and developing tier-1 companies that provide productive, safe, and sustainable service & solutions to leading industrial companies.

We are dedicated to long-term ownership, focused on creating value through sustainable development, growth, and profitability. Our goal is to acquire companies that align with our business model. We are positioning ourselves as an attractive buyer not solely based on financial terms, but by offering a comprehensive "toolbox" of expertise, experience, and resources to drive value creation.

EQVA is built on three platforms: EQVA Industrial Solutions, Renewables and Real Estate. EQVA Industrial Solutions is the main platform, generating more than 90 % of EQVA’s revenues in 2024. Key companies under EQVA Industrial Solutions include BKS Group, IMTAS Group and Kvinnherad Elektro Group. The acquisition of IMTAS Group strengthens EQVA’s position as a prominent and fully integrated service provider within the piping, mechanical and power and automation disciplines – all over Norway.

Read more on www.eqva.no