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Regulatory press release

REACH: Reach Subsea confirms delivery of REACH REMOTE 2

Reach Subsea
Haugesund, 12 June 2025 - Reach Subsea is delighted to announce the official
delivery confirmation of the REACH REMOTE 2 USV.

This milestone signifies the successful completion of REACH REMOTE 2,
encompassing technical installations, testing, and documentation, all of which
have been finalized and signed off.

Following the successful pilot program earlier this year with REACH REMOTE 1,
which validated its concept, the vessel is now ready for deployment in
commercial projects. The addition of REACH REMOTE 2 expands our fleet and
enhances availability for future commercial operations.

"We are pleased to welcome REACH REMOTE 2 to our fleet, as planned, and look
forward to seeing her in operation soon", said Jostein Alendal, CEO of Reach
Subsea.

REACH REMOTE is a revolutionary 24-meter uncrewed surface vessel equipped with
hull-mounted survey sensors and a Work Class Electric ROV. Unlike traditional
crewed subsea vessels, REACH REMOTE introduces a pioneering approach to subsea
work, enhancing efficiency, safety, and environmental sustainability with a goal
to reduce emissions by 90%.

-ENDS-


For more information please contact:
Birgitte Wendelbo Johansen
Chief Financial Officer
Reach Subsea ASA
bwj@reachsubsea.no

About Reach Subsea
Our services are delivered through a fleet of vessels, supported by offices in
Norway, Sweden, the UK, the US, Brazil, Trinidad, Australia, and Singapore. We
currently employ close to 500 people across both offshore and onshore locations.
The company operates a wide range of work and survey ROVs from its fleet of
vessels, ranging from smaller survey, IMR, and light construction vessels to
high capacity subsea construction vessels. Operations are performed by highly
qualified offshore personnel and supported by competent onshore engineering
resources. The Group's objective is to offer high quality solutions and
technology to clients in need of ocean data and services. Our vision,
'Sustainable access to ocean space,' underpins our commitment to developing
sustainable solutions while carefully balancing the interests of all our
stakeholder groups.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading
Act. This stock exchange announcement was published by Jorunn Håvardsholm,
Communications and Marketing Director at Reach Subsea AS on the time and date
provided.
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