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Energy Holdings: SeaBird signs new contract for Eagle Explorer

ENHSelskabsmeddelelse06.07.2026, 08.00
Limassol, Cyprus -- July 06, 2026 -- SED Energy Holdings Plc ("Energy
Holdings") is pleased to announce that a subsidiary of SeaBird Exploration
("SeaBird") has secured a contract for a 2D seismic survey offshore India.

SeaBird will deploy the Eagle Explorer for the campaign. The vessel is
expected to commence mobilisation in mid-July, with the project expected to
keep the vessel utilised through the first half of 2027. The award further
strengthens SeaBird's presence in the Indian market and supports the company's
positioning for additional opportunities in the region.

Finn Atle Hamre, CEO of SeaBird, commented: "We are pleased to secure this new
project for Eagle Explorer, further strengthening our backlog and providing
increased visibility into 2027. The award reflects continued demand for
high-quality 2D seismic data, supported by an increasing focus on energy
security and resource development across the region. SeaBird has a strong
track record of delivering safe, reliable and efficient operations, and we
look forward to executing the project to the client's satisfaction. We
continue to see strong demand for our services in India and the broader
Asia-Pacific region, and this contract positions Eagle Explorer well for
additional opportunities going forward."

For more information, contact:
Investor Relations: ir@energyholdings.cy
Press: contact@energyholdings.cy

About Energy Holdings
SED Energy Holdings Plc (ticker code "ENH") is a strong industrial partner
with a diversified portfolio of resilient, cash-generative assets supported by
a robust revenue backlog and a conservative capital structure. Energy
Holdings' primary focus is on distributing all excess liquidity to
shareholders, while also pursuing disciplined, value-accretive growth. For
more information, please visit www.energyholdings.cy
(http://www.energyholdings.cy/) (http://www.energyholdings.cy/).
gyholdings.cy/) (http://www.energyholdings.cy/).\