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Endúr ASA - Contract award BMO

Endúr
21 August 2024 - BMO Entreprenør AS ("BMO") a wholly owned subsidiary of Endúr
ASA ("Endúr"), has been awarded a material new contract, worth a total of
approximately NOK 70 million.

BMO has today been awarded a bridge-replacement contract with Bane Nor (The
Norwegian Railway Infrastructure Administration). The finalization and signing
of the contract documents will take place over the next couple of weeks. The
project involves the replacement of two railway bridges in the Oslo region. Work
is scheduled to commence in Q3 2024, with an estimated building period of 15
months. BMO has successfully executed several similar projects in recent years,
and both the project scope and contract format are familiar to the company.

"We are pleased to announce this award, as Bane Nor is a key client for us and
the project aligns perfectly with BMO's core expertise within the rehabilitation
sector", says Aleksander Rød, Managing Director of BMO.


ENDS
For further information, please contact:

Media
Aleksander Rød, General Manager of BMO, tel: +47 994 61 454
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759

Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance
projects and services for marine infrastructure, including facilities for
land-based aquaculture, quays, harbours, dams, bridges and other specialized
concrete and steel projects. The company and its subsidiaries also offer a wide
range of other specialised project and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endur.no.
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