Report for Q2 2025

Eidesvik Offshore ASA (the “Company”) publishes its second quarter 2025 results.

For Q2, revenue and EBITDA were NOK 198.5 million and NOK 76.4 million
respectively. EBITDA margin was 38%. Operating profit (EBIT) was NOK 29.1
million and result after taxes was NOK 30.1 million.

Fleet utilisation for the quarter was 98%.

Subsequent event: the Board of Directors decided a dividend payment of NOK 0.30
per share to be distributed to the shareholders. The ex-date is 28 August 2025.

A presentation of the results will be held on 27 August 2025, at 08:30 am CET by
CEO Helga Cotgrove and CFO Lars Tufteland Engelsen. The presentation will be
digital. Please register for the presentation by e-mail to
investor.relations@eidesvik.no within 27 August 2025, at 08:00 am.

The full report and the corresponding presentation are attached to this
notification and available for download from the Company’s website
https://eidesvik.no/investor-relations/.

Bømlo, 27 August 2025

Contacts:
CEO Helga Cotgrove (+47 907 35 246)
CFO Lars Tufteland Engelsen (+47 476 34 045)

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.