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Akastor © 2025 Quarterly presentation – Akastor ASA October 30, 2025 3Q 2025
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Akastor © 2025 Akastor © 2025 Slide 2 3Q 2025 Highlights NET CAPITAL EMPLOYED 1) NOK million, 30 September 2025 12.5 0.32.7 1.2 0.0 -0.5 16.2 Book value per share (NOK) 3.5 19.8Distribution to shareholders ▪ Dividend of NOK 0.40 per share approved, supported by realization of holding in Odfjell Drilling and aligned with strategy to return excess capital to shareholders. ▪ Revenues improved quarter-on-quarter and margins strengthened, with adjusted EBITDA of USD 42 million and a 19% margin, reflecting resilience despite year-on- year softness in spares and products. ▪ AKOFS Santos formally awarded a four-year MPSV contract with Petrobras, commencing January 2027. ▪ 5-year CRS (Class Renewal Survey) for AKOFS Seafarer successfully completed in quarter, with ~45 days downtime impacting earnings. ▪ Strong performance across vessels in service—the two Brazil units and Seafarer pre-CRS. Other ▪ Holding in Odfjell Drilling fully realized in September, generating NOK 118 million. Total proceeds from sale of shares in 2025 amount to NOK 222 million. 1) Net Capital Employed per holding reflected at book value. 2) Includes listed holdings in ABL Group and Maha Capital. 743 319 970 3 428 83 Listed holdings2) 0 (129) Other Net Capital Employed NIBD Equity 4 443 5 413
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Akastor © 2025 Akastor © 2025 Slide 3 Akastor’s investment in Odfjell Drilling — key highlights 1) Includes currency gain from weakening of NOK vs USD May 2018: Akastor completes investment of USD 75 million in Odfjell Drilling Ltd. through preference shares and warrant agreement. The funds were applied to part finance the acquisition of Stena MidMax (later Deepsea Nordkapp). November 2022: Akastor sells the preference shares back to Odfjell Drilling for USD 95.2 million (USD 75.2 million cash at closing + USD 20 million seller credit maturing 31 July 2024). Warrants are retained. May 2024: Akastor receives 3,023,886 ordinary Odfjell Drilling shares upon exercise/settlement of the warrants (subscription price USD 0.01 per share). Q2 & Q3 2025: Shares in Odfjell Drilling realized, generating total net proceeds of NOK 222 million (VWAP NOK 73.5 / share). KEY FINANCIALS NOK million 611 222 Initial investment 2018 Proceeds from pref. equity (incl. dividends) (2018-23) 16 Dividends received from ord. shares (2024-25) Proceeds from sale of ord. shares (2025) Total proceeds 1 127 1 365 2.2x Total return: ~NOK 750 million Investment IRR: ~19% (NOK) ~14% (USD) 1)
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Akastor © 2025 Akastor © 2025 Slide 4 Agenda HMH Financial update Ownership agenda Q&A
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Akastor © 2025 Akastor © 2025 Summary and outlook 1) EBITDA adjusted for non-recurring expenses or costs defined as outside of normal company operations (USD 0.2 million adjustment in 3Q25). 2) Free Cash Flow (unlevered) defined as cash generated from operating activities, less capex and development costs, and present ed before interest payments. ▪ Revenue of USD 217 million in the quarter, up 3% year-on- year. ▪ EBITDA1) of USD 42 million in the quarter, down 8% year-on- year, but up 16% quarter-on-quarter with 19.3% EBITDA margin. ▪ USD 35 million in Free Cash Flow2) generated in 3Q 2025 driven by improvement in working capital and collection of project milestone payments. ▪ Order intake of USD 171 million in the quarter. ▪ HMH continues to advance strategic initiatives to strengthen margins and drive operational efficiency.
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Akastor © 2025 Akastor © 2025 HMH highlights | 3Q 2025 REVENUE USD millions 210 232 198 203 217 3Q24 4Q24 1Q25 2Q25 3Q25 EBITDA 1) USD millions EQUIPMENT BACKLOG 2) USD millions FREE CASH FLOW 3) USD millions EBITDA MARGIN (Adj.) % ORDER INTAKE USD millions 46 47 33 36 42 3Q24 4Q24 1Q25 2Q25 3Q25 194 211 198 173 171 3Q24 4Q24 1Q25 2Q25 3Q25 21.7 20.4 16.5 17.7 19.3 3Q24 4Q24 1Q25 2Q25 3Q25 220 205 185 156 118 3Q24 4Q24 1Q25 2Q25 3Q25 0 44 15 -10 35 3Q24 4Q24 1Q25 2Q25 3Q25 Proforma financials, IFRS 1) EBITDA adjusted for non-recurring expenses or costs defined as outside of normal company operations (USD 0.2 million adjustment in 3Q 25). 2) Equipment backlog defined as order backlog within Projects, Products and Other. 3) Free Cash Flow (unlevered) defined as cash generated from operating activities, less capex and development costs, and present ed before interest payments. ▪ Revenue increase of 3% year-on-year and 7% quarter-on-quarter, primarily due to aftermarket services, partly offset by decrease in projects and products. ▪ EBITDA down 8% year-on-year, primarily due to spares and products volume, partly offset by an increase contract services and increased 16% quarter-on-quarter driven by contract services and a rebound in spares from prior quarter partially offset by a decrease in projects. ▪ Order intake down 12% year-on-year and down 1% quarter on quarter driven by a reduction in projects and spare parts order intake, partially offset by increase in service orders. ▪ Unlevered Free Cash Flow positive USD 35 million in the quarter, driven by project milestone collections and improved receivables management. Cash and cash equivalents totalled USD 57 million at the end of 3Q 2025.
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Akastor © 2025 Akastor © 2025 Slide 7 Product line highlights AFTERMARKET SERVICES 1) Revenue, USD millions 83 103 84 92 105 3Q24 4Q24 1Q25 2Q25 3Q25 PROJECTS, PRODUCTS & OTHER 3) Revenue, USD millions 65 73 55 59 54 3Q24 4Q24 1Q25 2Q25 3Q25 62 56 60 52 58 3Q24 4Q24 1Q25 2Q25 3Q25 SPARES 2) Revenue, USD millions 1) Aftermarket Services: Includes services provided on installed drilling equipment and integrated digital solutions. 2) Spares: Comprises replacement parts for installed equipment. 3) Projects, Products & Other: Includes drilling equipment packages for new or reactivated rigs, standalone drilling products, and equipment for mining an d other industries. Aftermarket Services ▪ Revenue up 26% year-on-year and up 14% quarter-on-quarter driven by contract services. ▪ Order intake for 3Q 2025 was USD 99 million, up 42% year-on-year, mainly driven by contract services, partly offset by lower field services and repair activity. Quarter-on-quarter, intake increased 25%, supported by digital technology orders and contract services, with some offset from field services and repair activity. Spares ▪ Revenue down 6% year-on-year driven by softer global offshore activity, but up 12% quarter-on-quarter due to a slight rebound of topside spares volume compare with prior quarter. ▪ Order intake for 3Q 2025 was USD 56 million, down 18% year-on- year and down 13% quarter-on-quarter, driven by lower offshore spares order volume, partially offset by an increase in international land spares activity. Projects, Products & Other ▪ Revenue down 16% year-on-year driven by lower product volume and down 8% quarter-on-quarter driven by decrease in projects partially offset by increasing product volume.
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Akastor © 2025 Akastor © 2025 Slide 8 Net interest-bearing debt 201 144 276 57 132 Gross Debt Cash & CE NIBD Net shareholder loans NIBD (incl. SHL) NET INTEREST-BEARING DEBT USD millions IBD as per end of period Amount Key terms Senior Secured Bond 200 Nordic Bond raised in 4Q 2023. Maturity November 2026. Fixed rate 9.875%. Super Senior Secured RCF 0 USD 50m facility, maturity May 2026. Margin 350 – 425 bps. Other 2) 1 Gross Interest-Bearing Debt 201 Net shareholder loans 3) 132 Subordinated, 8% PIK interest 1) Leverage calculated using LTM IAS17 EBITDA, as defined in the bond agreement. 2) Draw on separate Chinese credit facility. Total facility size CNY 10m (~USD 1.4m), with CNY 5m drawn per Sept. 2025. 3) Gross shareholder loan of USD 141 million net of a USD 9 million interest bearing receivable towards shareholders. ▪ Net debt of USD 144 million as per end of period (excl. shareholder loans). ▪ Leverage, LTM NIBD/EBITDA (adj.)1), at 1.0x per 3Q 2025 ▪ RCF undrawn per Q3 2025 (USD 13 million repaid during the quarter).
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Akastor © 2025 Akastor © 2025 Slide 9 Agenda HMH Financial update Ownership agenda Q&A
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Akastor © 2025 Akastor © 2025 Slide 10 Net Capital Employed Net Capital Employed per 3Q 2025 1) Development in 3Q 2025 54 4 652 Net Capital Employed per 2Q 2025 8 (38) (134) Listed holdings2) (79) (20) Other 4 443 Net Capital Employed per 3Q 2025 NOK million NOK million 1) Net Capital Employed per holding reflected at book value. 2) Includes listed holdings in ABL Group and Maha Capital. Development in 3Q 2025 affected by the realization of Odfjell Drilling, previously included. 743 319 970 3 428 83 Listed holdings2) 0 (129) Other Net Capital Employed NIBD Equity 4 443 5 413
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Akastor © 2025 Akastor © 2025 Slide 11 Net interest-bearing debt Net debt development NOK million 3Q 2025 highlights ▪ Net cash position increased through the quarter to NOK 279 million at quarter-end, including DDW Offshore net debt of NOK 169 million. ▪ Dividend of NOK 0.35 per share distributed to shareholders in July. ▪ Akastor fully divested its holding in Odfjell Drilling during Q3, generating total net proceeds of NOK 175 million, of which NOK 118 million was realized in September. ▪ “Other” included positive non-cash FX gains of NOK 3 million. -145 -279 (51) (175) Net bank debt 2Q25 95 Dividend payment Operating CF Sale of shares in Odfjell Drilling (3) Other Net bank debt 3Q25 (691) Interest- bearing receivables NIBD 3Q25 -970 1) Liquidity fund investment is classified as a short-term financial investment in the consolidated balance sheet. 2) Gross shareholder loan of USD 31 million, net of a USD 5 million interest bearing payable to HMH.
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Akastor © 2025 Akastor © 2025 Slide 12 External financing facilities and liquidity Facility Size Maturity Margin Revolving Credit Facility (Akastor corporate) USD 30 million June 2027 1) 4.0% Term loan (DDW Offshore) USD 24 million September 2026 10.85% 2) Overview of financing facilities ▪ Corporate USD 30 million RCF agreed with banks for extension to June 2027, with only final documentation remaining. ▪ DDW term loan balance reduced to USD 24 million following a payment during the period. Refinancing discussions are ongoing. ▪ The undrawn NOK 70 million share financing facility was cancelled during the period following the sale of Odfjell Drilling shares. ▪ No corporate facilities were drawn upon at the end of the period. Liquidity as of 30 September 2025 443 816 73 Liquidity fund investment Cash 300 Undrawn committed facilities Cash, fund investments and undrawn facilities ▪ Liquidity fund investment included in overview, as holding is convertible to cash on short notice. ▪ Cash includes NOK 69 million within DDW Offshore. ▪ Revolving Credit Facility remained fully undrawn per end of period. NOK million 1) Extension from June 2026 approved by lenders, with final documentation remaining. 2) Fixed total interest rate.
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Akastor © 2025 Akastor © 2025 Slide 13 Income statement 3Q 2025 ▪ Joint venture holdings, including HMH and AKOFS, are not consolidated in the Akastor group financials. Consolidated revenue and EBITDA thus only represent a minor part of Akastor’s investments. COMMENTS
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Akastor © 2025 Akastor © 2025 Slide 14 Income statement 3Q 2025 (cont.) ▪ Net financial items include non- cash items from financial investments and a non-cash net foreign exchange loss of NOK 23 million. ▪ Net neutral contribution from equity-accounted investments in period (non-cash for Akastor). COMMENTS
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Akastor © 2025 Akastor © 2025 Slide 15 Agenda HMH Financial update Ownership agenda Q&A
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Akastor © 2025 Akastor © 2025 Company Service offering Ownership Full-service drilling equipment and service provider 50% Engineering staffing and solution provider for technical industries ~15%1) Subsea well construction and intervention services 66.7% Owner of 3 mid-sized AHTS vessels 100% Energy and marine consultancy company ~5% Diversified investment platform ~2% Independent service provider to offshore wind and other energy sectors 36% Slide 16 Portfolio overview 1) Economic interest. Private holdings Listed investments
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Akastor © 2025 Akastor © 2025 Slide 17 HMH Business model ▪ Global full-service offshore and onshore drilling equipment provider with a broad portfolio of products and services. ▪ Large installed base providing firm foundation for strong customer relationship and recurring streams. Quarterly highlights ▪ Revenue of USD 217 million, up 3% year-on-year and 7% quarter-on-quarter, driven by aftermarket services despite softer project and product volumes. ▪ Adjusted EBITDA of USD 42 million with a 19.3% margin, showing resilience with sequential improvement, though below last year due to mix and softer spares activity. ▪ Free Cash Flow of USD 35 million generated in 3Q 2025, driven by improvement in working capital. Ownership agenda ▪ Expand the business through organic growth and value- adding acquisitions. ▪ Maintain a leading market position via customer- centric R&D, catalyzed by digital technologies. ▪ Targeting to make investment liquid. Capital Employed NOK 3 428 million Akastor ownership 50% ~2 250 employees (FTE incl. contractors) Large installed base of 116 offshore drilling rigs2) 77% REVENUE USD millions 210 232 198 203 217 3Q24 4Q24 1Q25 2Q25 3Q25 EBITDA1) USD millions 46 47 33 36 42 3Q24 4Q24 1Q25 2Q25 3Q25 1) EBITDA adjusted for non-recurring expenses or costs defined as outside of normal company operations (USD 0.2 million adjustment in 3Q 25). 2) Status as at quarter end. Includes floaters, jack-ups, and fixed platforms equipped with HMH BOP pure stacks or topside packages. The count is down by five units compared to Q2, following announcements of retirements and scrapping. Includes 12 cold-stacked floaters, one of which was announced as retired after quarter end.
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Akastor © 2025 Akastor © 2025 Slide 18 NES Fircroft Business model ▪ World’s leading engineering staffing and solution provider for highly technical industries spanning a range of staffing services: Contract, Permanent Hire & Managed Solutions. ▪ Diversified range of high growth and strategic end- markets with a recurring client base within different sectors: Oil & Gas, Power & Renewables, Infrastructure, Life Sciences, Mining, Automotive and Chemicals. Quarterly highlights1) ▪ Both revenue and EBITDA increased by 5% compared to the third fiscal quarter in 2024. ▪ Leverage ratio decreased from 1.36x to 1.34x, whilst the Group’s credit ratings were recently upgraded to Ba3 and B+. ▪ Staffing Industry Analysts (SIA) recently ranked NES Fircroft among the Largest Staffing Firms globally and as one of the Fastest-Growing in the US. Ownership agenda ▪ Pursue growth through both organic initiatives and selective M&A. ▪ Optimize value at exit. Capital Employed NOK 743 million Akastor ownership ~15% ~2 100 own employees (excl. contractors) Leading global provider of engineering workforce management solutions with more than 80 global offices 17% REVENUE 1) USD millions 776 803 750 796 815 3Q24 4Q24 1Q25 2Q25 3Q25 EBITDA 1) 2) USD millions 39 36 34 37 41 3Q24 4Q24 1Q25 2Q25 3Q25 Net Interest-Bearing Debt per 3Q 251) of USD 198 million (excl. IDF draw of 126 million) 1) Fiscal year end 31st October. Figures presented on 100% basis. 2) Underlying EBITDA comprises earnings before interest, tax, depreciation and amortization and before exceptional items and management recharges. This is considered a better approximation of profit as it is calculated by excluding all non -trading expenditure and non-cash items from operating profit.
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Akastor © 2025 Akastor © 2025 Slide 19 AKOFS Offshore Business model ▪ Vessel-based subsea well construction and intervention services from concept development to offshore operations. ▪ Operates two subsea vessels in Brazil (Petrobras) and one LWI vessel in Norway (Equinor). Quarterly highlights ▪ Aker Wayfarer and AKOFS Santos delivered revenue utilization of 97% and 94%, respectively. ▪ AKOFS Seafarer achieved a revenue utilization of 49% due to 45 days off-hire for the five-year CRS, which was completed on time and within budget. ▪ In October, AKOFS Santos was formally awarded new four-year MPSV contract with Petrobras, expected to commence in Jan. 2027. Total contract value of USD 246 million (approx. USD 140 million to go through AKOFS). ▪ An agreement was reached with MOL to restructure AKOFS Santos' debt, aligning ownership interests. As part of this, the Santos senior debt will be extended to Q1 2027. Ownership agenda ▪ Secure delivery on order backlog. ▪ Explore strategic initiatives. Capital Employed NOK 0 million Akastor ownership 66.7% 0% Vessels Location / Customer Contract end AKOFS Seafarer 4Q 2028 Aker Wayfarer 3Q 2027 AKOFS Santos 1Q 20311) REVENUE USD millions 38 34 34 37 28 3Q24 4Q24 1Q25 2Q25 3Q25 EBITDA USD millions 11 8 10 10 3 3Q24 4Q24 1Q25 2Q25 3Q25 1) Existing contract ends in Q2 2026. The listed end date reflects the new four-year MPSV contract awarded in Q3 2025, expected to commence in Q1 2027.
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Akastor © 2025 Akastor © 2025 Slide 20 DDW Offshore Business model ▪ Owns three Anchor Handling Tug Supply (AHTS) vessels with capability to operate and support clients on a world-wide basis. ▪ The vessels are specially designed to perform anchor-handling, towing, and supply services at offshore oil and gas fields. Quarterly highlights ▪ All vessels remained on contract in Australia through 3Q, delivering 100% revenue utilization. ▪ EBITDA of NOK 43 million impacted by FX effects and certain non-recurring vessel costs. ▪ Skandi Emerald’s contract with Petrofac ended in late October 2025. The vessel has demobilized to Singapore and is currently on a short-term fixed contract through mid-November, after which it will operate in the spot market ahead of its SPS early next year. Ownership agenda ▪ Secure fleet utilization. ▪ Optimize value at exit. Capital Employed NOK 319 million Akastor ownership 100% 7% Vessel 2025 2026 2027 Skandi Atlantic Skandi Emerald Skandi Peregrino REVENUE NOK millions EBITDA NOK millions January 2025 – January 2026 March 2024 – October 2025 Firm Priced options 24 months 24 months 97 85 75 79 128 3Q24 4Q24 1Q25 2Q25 3Q25 40 44 28 28 43 3Q24 4Q24 1Q25 2Q25 3Q25 Int. oil company Int. oil company June 2025 – March 2026 Transit / contract prep. SPS
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Akastor © 2025 Akastor © 2025 Key priorities for Akastor going forward DISTRIBUTION TO SHAREHOLDERS (CASH OR SHARES) Optimize exit Slide 21 Enable liquidity Develop and divest TARGETING TO DISTRIBUTE PROCEEDS FROM FUTURE REALIZATIONS TO SHAREHOLDERS Targeting liquidity through separate listings, enabling gradual realization Targeting to optimize timing of exit Longer term horizon, with end goal of realizing investments (through cash or shares)
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Akastor © 2025 Akastor © 2025 Slide 22 Agenda HMH Financial update Ownership agenda Q&A
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Akastor © 2025 Akastor © | 2025 Slide 23 Appendix
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Akastor © 2025 Akastor © 2025 Slide 24 Selected transactions since inception in 2014 April 2018 Preferred equity investment USD 75m1) June 2017 100% sale to USD 114m December 2016 Merged for an initial equity stake of 15.2% in NOK 400m Advantage October 2016 100% sale to NOK 1,200m October 2016 100% sale to NOK 1,025m Business Solutions October 2016 100% sale to USD 10m3) November 2015 100% sale to NOK 1,243m Real Estate portfolio September 2016 Joint acquisition with USD 66m2) Skandi Santos April 2019 Merged for an economic interest stake of 55% October 2020 Restructuring and 50% acquisition of shares from DOF ASA September 2020 Merger with October 2021 owned by Akastor(50%) and Baker Hughes(50%) merged with establishing Subsea Drilling Systems February 2023 100% sale to DKK 20m February 2022 Establish JV April 2023 100% sale, against cash and shares in NOK 353m5) 1) Pref shares USD 75m + warrants; 2) cash gain; 3) Plus earnout; 4) USD 75m cash + USD 20m seller credit settled in June 202 3; 5) Equity value. Proceeds partly in ABL shares, with value based on NOK 15 per ABL share; 6) of which 50% shared with the DDW Offshore lenders; 7) Total value of shares sold during the period June–September 2025. November 2022 Sale of preferred equity holding USD 95m4) July 2023 Sale of two DDW Offshore vessels to USD 18m6) May 2024 Acquisition of Equity consideration of about 21% in FØN January 2025 16.7% purchase of ownership interest from USD 14m September 2018 50% sale to USD 142.5m September 2025 Sale of shares received pursuant to Warrant Agreement NOK 222m7)
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Akastor © 2025 Akastor © 2025 Slide 25 Consolidated Income Statement Note: Presentation of quarterly results is not audited and may deviate from statutory reporting.
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Akastor © 2025 Akastor © 2025 Slide 26 Consolidated Statement of Financial Position Note: Presentation of quarterly results is not audited and may deviate from statutory reporting.
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Akastor © 2025 Akastor © 2025 Slide 27 Consolidated Statement of Cash flows
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Akastor © 2025 Akastor © 2025 Slide 28 Alternative Performance Measures (1 of 2) Akastor discloses alternative performance measures as a supplement to the consolidated financial statements. Such performance measures are used to provide an enhanced insight into the operating performance, financing abilities and future prospects of the group. These measures are calculated in a consistent and transparent manner and are intended to provide enhanced comparability of the performance from period to period. It is Akastor's experience that these measures are frequently used by securities analysts, investors and other interested parties. ▪ EBITDA - earnings before interest, tax, depreciation and amortization, corresponding to "Operating profit before depreciation, amortization and impairment" in the consolidated income statement ▪ EBIT - earnings before interest and tax, corresponding to "Operating profit (loss)" in the consolidated income statement ▪ Net current operating assets (NCOA) - a measure of working capital. It is calculated by current operating assets minus current operating liabilities, excluding current financial investments ▪ Net capital employed (NCE) - a measure of all assets employed in the operation of a business. It is calculated by net current operating assets added by non-current assets minus employee benefit obligations, other non-current liabilities and total lease liabilities ▪ Gross debt - sum of current and non-current borrowings, which do not include lease liabilities ▪ Net debt - gross debt minus cash and cash equivalents and highly liquid investments held in liquidity fund ▪ Net interest-bearing debt (NIBD) – net debt minus interest-bearing receivables ▪ Equity ratio - a measure of investment leverage, calculated as total equity divided by total assets at the reporting date ▪ Liquidity reserve - comprises cash and cash equivalents, highly liquid investments held in liquidity fund and undrawn committed credit facilities
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Akastor © 2025 Akastor © 2025 Slide 29 Alternative Performance Measures (2 of 2) NOK million September 30 2025 December 31 2024 Current operating assets 145 108 Less: Current operating liabilities 172 191 Net current operating assets (NCOA) -27 -84 Plus: Total non-current assets 5 397 5 868 Less: Non-current interest-bearing receivables 660 485 Employee benefit obligations 70 76 Other non-current liabilities 190 195 Total lease liabilities 7 9 Net capital employed (NCE) 4 443 5 020 NOK million September 30 2025 December 31 2024 Non-current borrowings 46 292 Current borrowings 275 82 Gross debt 321 373 Less: Cash and cash equivalents 73 47 Liquidity fund investment 443 376 Net debt (Net cash) -195 -49 Less: Non-current interest-bearing receivables 660 485 Current interest-bearing receivable 115 304 Net interest-bearing debt (NIBD) -970 -839 NOK million September 30 2025 December 31 2024 Total equity 5 413 5 859 Divided by Total assets 6 173 6 704 Equity ratio 88% 87% Cash and cash equivalents 73 47 Liquidity fund investment 443 376 Undrawn committed credit facilities 300 340 Liquidity reserve 816 763
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Akastor © 2025 Akastor © 2025 Slide 30 Key figures | Group AKASTOR GROUP
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Akastor © 2025 Akastor © 2025 Slide 31 Key figures | Split per company (1/4) HMH Figures presented on 100% basis 1) EBITDA (adj.) excludes non-recurring expenses or costs defined as outside of normal company operations. 2) Equipment backlog defined as order backlog within Projects, Products and Other.
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Akastor © 2025 Akastor © 2025 Slide 32 Key figures | Split per company (2/4) AKOFS OFFSHORE Figures presented on 100% basis 1) Avium junior loan (nominal value USD 68m) restructured and accounted for as equity from 1Q 2025
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Akastor © 2025 Akastor © 2025 Slide 33 Key figures | Split per company (3/4) DDW Offshore
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Akastor © 2025 Akastor © 2025 Slide 34 Key figures | Split per company (4/4) OTHER HOLDINGS
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Akastor © 2025 Akastor © 2025 Slide 35 Copyright and disclaimer Copyright Copyright of all published material including photographs, drawings and images in this document remains vested in Akastor and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used in any manner without express prior permission and applicable acknowledgements. No trademark, copyright or other notice shall be altered or removed from any reproduction. Disclaimer Presentation of quarterly results is not audited and may deviate from statutory reporting. This Presentation includes and is based, inter alia, on forward- looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are major markets for Akastor ASA and Akastor ASA’s (including subsidiaries and affiliates) lines of business. These expectations, estimates and projections are generally identifiable by statements containing words such as “expects”, “believes”, “estimates” or similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for Akastor ASA. oil prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time in the Presentation. Although Akastor ASA believes that its expectations and the Presentation are based upon reasonable assumptions, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in the Presentation. Akastor ASA is making no representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the Presentation, and neither Akastor ASA nor any of its directors, officers or employees will have any liability to you or any other persons resulting from your use.
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Akastor © 2025 AKASTOR ASA Oksenøyveien 10, NO-1366 Lysaker, Norway P.O. Box 124, NO-1325 Lysaker, Norway www.akastor.com