Moreld AS - Major Shareholding Notification 2025

Moreld ASA: Mandatory notifications of trade

Stavanger, 11 July 2025: Allard 2 Limited, a close associate of the chair of

the board of Moreld ASA ("Moreld"), Julian McIntyre, has today acquired a

total of 2,000,000 shares in Moreld from Velocity Aurora LLP, a close

associate of board member Mark Dickinson, at a price of NOK 16 per share.

The transaction follows discussions between the parties for an extended period

of time due to practicalities related to the transfer of the shares.

Accordingly, the agreed price per share reflects the market price at the time

negotiations were initiated.

Following the transaction, Allard 2 Limited holds 53,490,489 shares in Moreld,

equivalent to approximately 29.79% of the issued share capital and votes, and

Velocity Aurora LLP holds 4,304,250 shares in Moreld, equivalent to

approximately 2.40% of the issued share capital and votes.

Please see the enclosed forms for further details.

This information is subject to the disclosure requirements in article 19 of

the EU Market Abuse Regulation (596/2014) and section 5-12 of the Norwegian

Securities Trading Act.

About Moreld

Moreld is an industrial multi-disciplinary engineering group offering

full-scope services across the offshore energy and marine industries including

subsea installations. The group comprises Moreld Apply, Ocean Installer and

Global Maritime. Moreld is a major player on the Norwegian continental shelf

with an international footprint. The group is located in 19 countries, giving

access to all major offshore markets, and has over 2,800 employees and

contractors. For more information, please visit https://moreld.com/.

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