13 March 2025 - Reference is made to the stock exchange announcement made by
Endúr ASA ("Endúr") on 11 February 2025 regarding the successful private
placement of 4,861,111 new shares in Endúr at a subscription price of NOK 72.00
per share, raising gross proceeds of approximately NOK 350 million (the "Private
Placement"), and a potential subsequent offering directed towards eligible
shareholders (as described therein) of up to 555,555 new shares in Endúr (the
"Subsequent Offering"), at a subscription price equal to the price per share in
the Private Placement (the "Subscription Price").

In the period from 10 February 2025 to 13 March 2025 (partial trading day), a
total of 911,238 shares have been purchased/sold over Euronext Oslo Børs at
prices lower than NOK 72.00 per share. The value of those trades is close to NOK
64 million - equivalent to approximately 160% of the size of the contemplated
Subsequent Offering. These trades do not include block trades («off book on
exchange»), meaning that the actual trading volume with less than NOK 72.00 per
share has been significantly higher. Furthermore, for the last 8 trading days,
including 13 March 2025, the share has traded at a VWAP of less than NOK 72.00
per share.

As a result, any eligible shareholder wishing to reduce the dilutive effect of
the Private Placement has had sufficient opportunity to purchase shares in the
market at prices at or below the Subscription Price. Furthermore, the closing
price per share on the last trading day 13 March 2025 on Euronext Oslo Børs (the
current market price per share) was NOK 71.10, and as such, below the
Subscription Price. The board of directors of Endúr has therefore decided not to
proceed with the Subsequent Offering.

(ENDS)

For further information, please contact:

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