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Regulatory press release

Scana ASA: Scana company informed of contract award for Megawatt Charging Systems

Scana
Bergen, 2 February 2026: Scana-owned PSW Power & Automation AS has been informed
by the customer that the company has won the tender for the delivery of Megawatt
Charging Systems at two locations. The customer intends to award the contract to
PSW Power & Automation.

The contract is expected to be signed during the first quarter of 2026 and is
conditional upon the granting of necessary public permits and concessions. For
PSW Power & Automation, work will commence immediately after signing.

This is a substantial (2) contract for the company.

(1) A sizeable contract is defined to be between NOK 25 million and NOK 75
million.
(2) A substantial contract is between NOK 75 million and NOK 150 million.
(3) A large contract is between NOK 150 million and NOK 250 million.
(4) A very large contract is over NOK 250 million.

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 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Stian Vikebø, General Counsel at Scana ASA, on 2
February 2026 at 11:57 CET.

For more information, please contact:

Baste Tveito, CEO, Scana ASA, +47 916 69 641

Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has around 500 employees.
www.scana.no

PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and
renewable energy. The company specializes in the design and integration of
electrical power systems, electrical infrastructure, energy storage systems, and
control systems. www.pswpower.no
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