Moreld AS

Moreld announces NOK 0.42 dividend distribution

Stavanger, 14 November 2025: Reference is made to the stock exchange

announcement made by Moreld ASA ("Moreld" or the "Company") on 14 February

2025, where Moreld announced its new dividend policy. Reference is further

made to Moreld's stock exchange announcement on 20 May 2025 regarding the

annual general meeting's resolution to inter alia authorise the board of

directors to resolve and distribute dividends based on the annual accounts for

The dividend policy of Moreld is to pay dividends to the Company's

shareholders on a quarterly basis. Dividend distributions are intended to be

resolved alongside the board of directors' approval of quarterly financial

statements in February, May, August and November each year, provided however

that the frequency, timing and amount of dividends are at the discretion of

the board. Moreld aims for a distribution ratio of between 40% and 60% of

adjusted net profits over time.

The board of directors of Moreld has today resolved to distribute a dividend

in the amount of NOK 0.42 per share, in total approximately NOK 75 million,

for Q4 2025. The dividend is expected to be paid on or about 26 November 2025.

For tax purposes, the dividend will be regarded as repayment of paid-in

capital, except for shareholders where it is documented that the paid-in

capital is lower than the distribution, in which case the distribution will be

treated as ordinary dividend.

For more information, please contact:

CEO Geir Austigard

Telephone: +47 992 47 500

CFO Trond Rosnes

Telephone: +47 404 14 494

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/.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act and the Euronext Oslo Børs Rule

Book II.

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