Scana ASA: Second quarter results 2025 - Focused actions in a weak quarter

Bergen, 20 August 2025: Scana ASA delivered weaker results than in the samequarter of last year. However, focused actions in key companies drove apositivetrend from the first to second quarter this year. Effects are expected tomaterialize further in the second half of the year.

Q2 2025 Financial Highlights

o Revenue NOK 396 milliono EBITDA NOK 8 milliono EBITDA margin 2 %o Order intake NOK 403 milliono Order backlog NOK 1174 million

Strategic focus in the Offshore division has shifted towards securingprefabrication assignments related to maintenance contracts and modifications,both onshore and offshore, supporting a more resilient business model. The newdirection is underpinned by a robust pipeline and strengthens the division'scompetitiveness towards frame agreements. The Energy division had the second highest quarterly order intake in itshistory. Combined with solid deliveries towards key segments such as E-housemodules, shore power and BESS (Battery Energy Storage Systems), the companyconfirms its strong position within electrification. Changes in the managementBaste Tveito was appointed as acting CEO, effective from 27 May. Baste hasserved as COO within the Scana ASA management for the past two years.

Q2 PresentationToday, at 08:45 CEST, Scana will present the Q2 results, followed by a liveQ&Asession with Baste Tveito, CEO, and Morten Riiser, CFO. The presentation ispartof the Vestland på Børs conference in Bergen.

The event will be streamed and can be watched from this URL:https://channel.royalcast.com/landingpage/hegnarmedia/20250820_13/

The presentation will be available for replay shortly afterward on Scana'swebsite, www.scana.no.

Attached to this stock exchange notice are the reports for the second quarterand the first half of the year.

This information is considered to be inside information pursuant to the EUMarket Abuse Regulation and is subject to the disclosure requirements pursuantto Section 5-12 of the Norwegian Securities Trading Act. This stock exchangeannouncement was published by Stian Vikebø, General Counsel at Scana ASA, on20August 2025 at 07:30 CEST.

For more information, please contact:

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

Scana in briefScana is an active industrial owner of technology and services to both theenergy and offshore industries. With an industrial history dating back to theearly 1900s, Scana has evolved to become a leader in technology andinnovation.This journey has provided a unique position to shape solutions for tomorrow,driven by extensive industrial experience combined with quality and valuecreation. Scana is headquartered in Bergen and has above 600 employees.www.scana.no

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