Solstad Maritime ASA: Presentation of First Quarter 2026 results

Skudeneshavn, 7 May 2026

Solstad Maritime ASA (SOMA) is pleased to present its financial results for the first quarter of 2026.

CEO Lars Peder Solstad states:

"The quarter delivered solid operational and financial performance, driven by strong activity and improved utilization across the fleet."

• Adjusted EBITDA of USD 103 million in the quarter compared to USD 82 million same quarter last year

• Total order intake of USD 177 million in the quarter resulting in a book-to-bill ratio of 1.0x.

• Agreement reached with existing lenders to increase leverage through an incremental USD 100 million facility, enhancing financial flexibility

• Distributes cash dividend for Q1 2026 of USD 0.086/share, totaling USD ~40 million

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 907 59 489

Solstad Maritime ASA

www.solstad-maritime.com

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