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Regulatory press release

Moreld ASA: Conversion to public company (ASA) and new name registered

Moreld
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Stavanger, 6 June 2025: Reference is made to the stock exchange announcement by Moreld AS ("Moreld" or the "Company") on 20 May 2025 regarding the annual general meeting held the same day, where it was resolved, among other things, to change the Company's legal form from a private limited liability company to a public limited liability company (ASA) in connection with the contemplated transfer of the Company's shares from Euronext Growth Oslo to Euronext Oslo Børs.

The conversion of the Company's legal form and the accompanying name change to "Moreld ASA" have now been registered with the Norwegian Register of Business Enterprises.

For more information, please contact:

CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com

CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com

About Moreld

Moreld is an industrial multi-disciplinary engineering group offering full-scope services across the offshore energy and marine industries including subsea installations. The group comprises Moreld Apply, Ocean Installer and Global Maritime. Moreld is a major player on the Norwegian continental shelf with an international footprint. The Group is located in 19 countries, giving access to all major offshore markets, and has over 2,800 employees and contractors. For more information, please visit https://moreld.com/.

This information is subject to the disclosure requirements pursuant to the Euronext Growth Rule Book part II.

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Moreld ASA: Conversion to public company (ASA) and new name registered

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