Report for Q3 2025

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

For Q3, revenue and EBITDA were NOK 204.6 million and NOK 87.6 million
respectively. EBITDA margin was 43%. Operating profit (EBIT) was NOK 41.0
million and result after taxes was NOK 43.5 million.

Fleet utilisation for the quarter was close to 100%.

A presentation of the results will be held on 6 November 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 6 November 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, 6 November 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.