April 30, 2025 - Aker Solutions has delivered high revenue growth and a strong
order intake in the first quarter of 2025. The company continues to have a solid
order backlog and high tender activity. Earlier this week, the Annual General
Meeting approved the cash dividend of NOK 3.30 per share for the fiscal year of
2024.

1Q 2025 Financial Highlights
(all figures excluding special items)
Revenue NOK 14.4 billion
EBITDA NOK 1.2 billion
EBITDA margin 8.4 percent
Earnings per share NOK 1.35
Order intake NOK 25.6 billion (1.8 times book-to-bill)
Order backlog NOK 72.1 billion

"We are keeping up momentum in yet another high-activity quarter, resulting in
good progress on our project portfolio and solid financials. This speaks volumes
about the strength and resilience of our organization", said Kjetel Digre, Chief
Executive Officer of Aker Solutions.

"Our recent contract wins show that we remain a competitive and trusted partner
in the broader energy market. At the same time, we continue our efforts together
with our clients and strategic partners to improve productivity and drive down
costs", said Digre.

Key developments
Revenue in the first quarter increased to NOK 14.4 billion compared to NOK 11.5
billion in the first quarter of 2024, representing a growth of 25 percent.
EBITDA increased to NOK 1,213 million, compared to NOK 987 million in the same
quarter last year. The underlying EBITDA margin for the quarter was 8.4 percent,
or 7.2 percent if excluding the net income from OneSubsea.

As previously disclosed, the legacy renewables projects have been both
operationally and commercially challenging. The projects are progressing for
delivery in 2025. Discussions are ongoing with both clients and subcontractors
to solve these commercial challenges.

Order intake for the quarter ended at NOK 25.6 billion, or 1.8-times book-to
-bill. Most of the new orders relate to the "second generation" of renewables
and transitional energy projects in Aker Solutions, with balanced risk-reward
profiles and focus on standardization to reduce costs. The secured order backlog
at the end of the quarter stood at NOK 72.1 billion.

OneSubsea, owned 20 percent by Aker Solutions, also delivered strong financial
results in the period, with an EBITDA margin of 20.4 percent. OneSubsea has an
attractive dividend policy with ambitions to distribute more than USD 250
million during the year. During the first quarter, Aker Solutions received NOK
152 million in quarterly dividends from OneSubsea.

Aker Solutions' financial position remains solid with a net cash position of NOK
3.4 billion at the end of the first quarter.

Outlook and financial guiding
The company continues to have a solid order backlog and a large tender pipeline
of about NOK 85 billion, dominated by oil and gas opportunities in Europe.
Based on the secured backlog and market activity, full year revenue in 2025 is
now expected to exceed NOK 55 billion. At this early stage, the underlying
EBITDA margin, excluding net income from OneSubsea, is expected to be in the 7.0
-7.5 percent range for the full year of 2025.

Earlier this week, the Annual General Meeting approved the cash dividend of NOK
3.30 per share which will be paid on May 8, 2025.
ENDS

Preben Ørbeck
investor relations
preben.orbeck@akersolutions.com
+47 470 10 611

Hallvard Norum
media contact
hallvard.norum@akersolutions.com
+47 913 80 820

Aker Solutions delivers integrated solutions, products and services to the
global energy industry. We enable low-carbon oil and gas production and develop
renewable solutions to meet future energy needs. By combining innovative digital
solutions and predictable project execution we accelerate the transition to
sustainable energy production. Aker Solutions employs approximately 11,800
people in more than 15 countries.

Visit akersolutions.com and connect with us on
Facebook (https://www.facebook.com/AkerSolutions/),
Instagram (https://instagram.com/akersolutions/),
LinkedIn (https://www.linkedin.com/company/aker-solutions) and
YouTube (https://www.youtube.com/akersolutions).

This press release may include forward-looking information or statements and is
subject to our disclaimer, see https://akersolutions.com

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

This stock exchange release was published by Hallvard Norum, VP Media &
Channels, Communications, Aker Solutions, on April 30, 2025 at 07:00 CEST.