The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK
67.5 billion at the end of the third quarter 2025 (NOK 909 per share), up from
NOK 66.5 billion at the end of the second quarter. Aker's Board of Directors has
approved an additional cash dividend of NOK 26.50 per share, amounting to NOK
2.0 billion, to be paid in the fourth quarter. This brings the total dividend
for the full year to NOK 53.00 per share, or NOK 3.9 billion. The decision
reflects Aker's strong financial position and continued commitment to deliver
shareholder value.

The third quarter was a transformative quarter for Aker, continuing to deliver
on the strategy of a more focused portfolio, announced at the start of 2024. The
company is simplifying the portfolio, increasing diversification, and investing
in significant new pillars of growth.

Aker's NAV was NOK 909 per share at quarter-end. Of this, listed investments
accounted for NOK 743, unlisted investments NOK 179, and cash & other assets NOK
112 per share. The share price at quarter-end was NOK 783.

During the third quarter, Aker's share price rose by 19.5%. This compares to the
Oslo Stock Exchange benchmark index (OSEBX), which rose 1.4% and the Brent oil
price, which declined -0.7%.

"Aker is continuing its evolution - and the market is taking note. We've
reshaped our portfolio, sharpened our strategy, and delivered four consecutive
quarters of NAV growth. Our share price is up nearly 50 percent year-to-date,
significantly outpacing the Oslo Stock Exchange benchmark index. We're building
long-term value with a strong industrial backbone and disciplined expansion into
industrial software, AI infrastructure, and real estate. The foundation is
solid, the direction is clear, and the results are starting to reflect the scale
of what we're building," said Øyvind Eriksen, President & CEO of Aker ASA.

Key highlights, Q3-2025:
. Announced Aker Nscale joint venture with OpenAI and Microsoft as major
customers
. Aker BP projects on-track, exploration success, and increased production
guidance
. Cognite delivered extraordinary strong quarter and continued momentum
. Aker Horizons transaction completed
. Philly Shipyard delisted

After quarter-end:
. Obtained 9.3% ownership in Nscale through participation in record Series B
round
. Real estate expansion continued, 7.48% in Sveafastigheter announced

Key Financials - Q3 2025:

. GAV:                          NOK 76.8bn
. Listed equity investments:    NOK 55.2bn
. Unlisted equity investments:  NOK 13.3bn
. Cash & Other assets:          NOK 8.3bn
. NAV:                          NOK 67.5bn
. NAV per share:                NOK 909
. Share price, at quarter-end:  NOK 783
. Dividend approved:            NOK 26.50 per share (NOK 2.0bn)
. Liquidity:                    NOK 7.8bn*

(*of which NOK 1.3bn cash and liquid funds, including undrawn credit facilities)

The webcast presentation will be held today at 09:00 CEST at
www.akerasa.com/webcast. All material, incl. excel-file, will be available at
www.akerasa.com

-ENDS-

Media contact:
Atle Kigen, Head of Media Relations and Public Affairs
+47 90 78 48 78
atle.kigen@akerasa.com

Investor contact:
Fredrik Berge, Head of Investor Relations
+47 45 03 20 90
fredrik.berge@akerasa.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Fredrik Berge, Head of
Investor Relations, Aker ASA, on November 4, 2025, at 07:00 CET.