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Regulatory press release

Akastor ASA: Sale of Skandi Emerald completed by DDW Offshore

Akastor
Reference is made to press release dated 27 April 2026. Akastor ASA's (OSE:
AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has today completed the
sale of "Skandi Emerald" and received the purchase price of USD 23 million.

For further information, please contact:

Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
oyvind.paaske@akastor.com

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

****
About DDW Offshore:

DDW Offshore owns the Anchor Handling Tug Supply (AHTS) vessel Skandi
Peregrino with capability to operate and support clients on a world-wide
basis. The vessel is specially designed to perform anchor-handling, towing,
and supply services at offshore oil and gas fields.

For further information, please visit homepage: https://www.ddwoffshore.com
(https://www.ddwoffshore.com/)

Akastor is a Norway-based oil-services investment company with a portfolio of
industrial holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.
ip and long-term value creation.\