Moreld AS - Share Issue/Capital Change 2025

Moreld ASA: Conversion to public company (ASA) and new name registered

Stavanger, 6 June 2025: Reference is made to the stock exchange announcement

by Moreld AS ("Moreld" or the "Company") on 20 May 2025 regarding the annual

general meeting held the same day, where it was resolved, among other things,

to change the Company's legal form from a private limited liability company to

a public limited liability company (ASA) in connection with the contemplated

transfer of the Company's shares from Euronext Growth Oslo to Euronext Oslo

Børs.

The conversion of the Company's legal form and the accompanying name change to

"Moreld ASA" have now been registered with the Norwegian Register of Business

Enterprises.

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 the

Euronext Growth Rule Book part II.

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