Q4 and preliminary full year financial results

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

For Q4, revenue and EBITDA were NOK 183.2 million and NOK 57.6 million
respectively. EBITDA margin was 31%. Operating result (EBIT) was NOK 9.4 million
and result after taxes was NOK 10.5 million.

For preliminary FY2025, revenue and EBITDA were NOK 785.1 million and NOK 293.8
million respectively. EBITDA margin was 37%. Operating result (EBIT) was NOK
102.1 million and result after taxes was NOK 113.4 million.

Fleet utilisation for the quarter was 93% and 97% for FY2025.

A presentation of the results will be held on 24 February 2026, 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 24 February 2026, 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, 24 February 2026

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.