Reach Subsea

Earnings Release • Jun 12, 2025

Reach Subsea confirms delivery of REACH REMOTE 2

Reach Subsea confirms delivery of REACH REMOTE 2

Haugesund, 12 June 2025 – Reach Subsea is delighted to announce the official delivery confirmation of the REACH REMOTE 2 USV.

This milestone signifies the successful completion of REACH REMOTE 2, encompassing technical installations, testing, and documentation, all of which have been finalized and signed off.

Following the successful pilot program earlier this year with REACH REMOTE 1, which validated its concept, the vessel is now ready for deployment in commercial projects. The addition of REACH REMOTE 2 expands our fleet and enhances availability for future commercial operations.

“We are pleased to welcome REACH REMOTE 2 to our fleet, as planned, and look forward to seeing her in operation soon”, said Jostein Alendal, CEO of Reach Subsea.

REACH REMOTE is a revolutionary 24-meter uncrewed surface vessel equipped with hull-mounted survey sensors and a Work Class Electric ROV. Unlike traditional crewed subsea vessels, REACH REMOTE introduces a pioneering approach to subsea work, enhancing efficiency, safety, and environmental sustainability with a goal to reduce emissions by 90%.

-ENDS-

For more information please contact:

Birgitte Wendelbo Johansen

Chief Financial Officer

Reach Subsea ASA

bwj@reachsubsea.no

About Reach Subsea

Our services are delivered through a fleet of vessels, supported by offices in Norway, Sweden, the UK, the US, Brazil, Trinidad, Australia, and Singapore. We currently employ close to 500 people across both offshore and onshore locations. The company operates a wide range of work and survey ROVs from its fleet of vessels, ranging from smaller survey, IMR, and light construction vessels to high capacity subsea construction vessels. Operations are performed by highly qualified offshore personnel and supported by competent onshore engineering resources. The Group’s objective is to offer high quality solutions and technology to clients in need of ocean data and services. Our vision, 'Sustainable access to ocean space,' underpins our commitment to developing sustainable solutions while carefully balancing the interests of all our stakeholder groups.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jorunn Håvardsholm, Communications and Marketing Director at Reach Subsea AS on the time and date provided.