PARETO SECURITIES' ANNUAL ENERGY CONFERENCE

DISCLAIMER

This presentation by Scana ASA is designed to provide a high-level overview of aspects of the operations of Scana ASA.

The material set out in the presentation is current as of 10 September 2025.

This presentation contains forward-looking statements relating to operations of Scana ASA that are based on the management's own current expectations, estimates and projections about matters relevant to Scana ASA's future financial performance. Words such as «likely», «aims», «looking forward», «potential», «anticipates», «expects», «predicts», «plans», «targets», «believes» and «estimates» and similar expressions are intended to identify forward-looking statements.

References in the presentation to assumptions, estimates and outcomes and forward-looking statements about assumptions, estimates and outcomes, which are based on internal business data and external sources, are uncertain given the nature of the industry, business risks, and other factors. Also, they may be affected by internal and external factors that may have a material effect on future business performance and results.

No assurance or guarantee is, or should be taken to be, given in relation to the future business performance or results of Scana ASA or the likelihood that the assumptions, estimates or outcomes will be achieved.

Scana ASA's divisions engages in project activities which means that significant fluctuations in sales and order intake from quarter to quarter can be expected. While management has taken every effort to ensure the accuracy of the material in the presentation, the presentation is provided for information only. Scana ASA, its officers and management exclude and disclaim any liability in respect of anything done in reliance on the presentation.

All forward-looking statements made in this presentation are based on information presently available to management and Scana ASA assumes no obligation to update any forward looking-statements. Nothing in this presentation constitutes investment advice and this presentation shall not constitute an offer to sell or the solicitation of any offer to buy any securities or otherwise engage in any investment activity.

You should make your own enquiries and take your own advice (including financial and legal advice) before making an investment in the company's shares or in making a decision to hold or sell your shares.

INDUSTRIAL HISTORY SOLUTIONS FOR TOMORROW

FINANCIAL PERFORMANCE

EBITDA

HIGHLIGHTS – Q2 2025

Order backlog Order intake

*) EBITDA less adjustments related to identified cost or revenue that are excluded to improve comparability of the underlying business performance between periods.

1 000

1 200

FINANCIAL PERFORMANCE

*) EBITDA less adjustments related to identified cost or revenue that are excluded to improve comparability of the underlying business performance between periods.

FOCUSED ACTIONS

Cost-reduction measures: > 60 million NOK yearly reductions, 10% reduced group headcount.
Capping stack assembly is finalized and commercialization phase initiated.
Reset of strategic review for PSW Power & Automation.

PORTFOLIO COMPANIES DRIVING GROWTH

CUSTOMIZED E-HOUSE PROJECTS

NEW ORDER THIS WEEK

Contract for emergency power modules to data center terminals.
Awarded under a framework agreement signed in Q4 2024.

FRAME AGREEMENT | EQUINOR

Scope: Electrical services, mechanical maintenance, tank maintenance and welding and sludge services
Awarded: January 2023 (3-year contract with 2 options of 3-years)
First option rewarded: 12 March 2025
High activity period; turnaround headcount 220pax