Eidesvik Offshore ASA ("Eidesvik" or the "Company") is pleased to report a strong Q2 2023 result. The report and the corresponding presentation are attached to this notification and available for download from the Company's website https://eidesvik.no/investor-relations/. In Q2 2023 Eidesvik delivered an operational and financially solid quarter with revenue ofNOK 240.5 million (185.1 in Q2 2022) and high fleet utilization of 96%. EBITDA wasNOK 128.7 million (75.1). This corresponds to a 30% revenue increase compared to same quarter last year and an EBITDA margin for the quarter of 54%. Due to improved rates and market fundamentals Eidesvik reversedNOK 332.2 million of previously impaired asset values in the quarter. Operating result (EBIT) wasNOK 418.1 million (38.8) and result after tax wasNOK 407.5 million (-100.9). Bømlo,August 30, 2023 Contacts: CEOGitte Gard Talmo (+47 915 23 245) CFOHelga Cotgrove (+47 907 35 246) This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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