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Regulatory press release

HAV Group: Subsidiary awarded BWTS contracts

HAV Group
24th February 2026 - HAV Group's water treatment systems business has been
awarded several contracts to deliver a total of ten new ballast water treatment
systems (BWTS) to various undisclosed shipyards in Norway and internationally.

The ten BWTS systems will be delivered as both retrofits on board existing ships
and to newbuild vessels.
The vessels in question include shuttle tankers, live fish carriers and offshore
vessels. Most of the BWTS equipment deliveries will be made during 2026.

HAV Group's subsidiary, Norwegian Greentech, will supply its compact and energy
efficient UV- and filter-based BWTS to the ten vessels. The systems will be
assembled at the company's headquarter in Fosnavåg, Norway.

"Norwegian Greentech is experiencing a decent activity level for both retrofit
and newbuild projects, and this latest batch of contracts proves that the
company's BWTS technology remains highly competitive," says Gunnar Larsen, CEO
of HAV Group ASA.

(SLUTT)

For further information, please contact:
Gunnar Larsen, CEO
gunnar.larsen@havgroup.no
+47 901 05 694

About HAV Group | www.havgroup.no
HAV Group and its subsidiaries (together: "HAV Group") is an international
provider of technology and services for maritime and marine industries. HAV
Group has several decades of industry experience, in addition to special
expertise in guiding the marine and maritime industries through the green shift
and towards the goal of zero emissions. HAV Group ASA is listed on Euronext
Growth under the ticker code HAV.