Multiple new contracts including USV services

Haugesund, 01 July 2025 - Reach Subsea ASA ("Reach") announces increased orderbacklog after securing multiple new contracts and call-offs within the scopeofour existing frame agreements in the North Sea and European regions. Estimatedtotal value of these contracts is NOK 370 million, commencing in Q3 and Q42025.

Included in the order backlog is an award by Equinor for the unmanned vesselReach Remote. This contract includes a number of initial survey and IMR workpackages focused on remotely operated vehicle (ROV) across multiple sites intheNorth Sea and the Norwegian Sea. These survey and IMR scopes will leverage theproven capabilities of the Reach Remote spread both for survey and IMR.

"We are pleased to report success in securing contracts across multiplemarketsand regions and to see Reach Remote playing its natural role in our scheduleofdiverse subsea campaigns" said Jostein Alendal, CEO of Reach Subsea.

-ENDS-

For more information please contact:Birgitte Wendelbo JohansenChief Financial OfficerReach Subsea ASAbwj@reachsubsea.no

About Reach SubseaOur services are delivered through a fleet of vessels, supported by offices inNorway, Sweden, the UK, the US, Brazil, Trinidad, Australia, and Singapore. Wecurrently employ close to 500 people across both offshore and onshorelocations.The company operates a wide range of work and survey ROVs from its fleet ofvessels, ranging from smaller survey, IMR, to light construction vessels.Operations are performed by highly qualified offshore personnel and supportedbycompetent onshore engineering resources. The Group's objective is to offerhighquality solutions and technology to clients in need of ocean data andservices.Our vision,'Sustainable access to ocean space,' underpins our commitment todeveloping sustainable solutions while carefully balancing the interests ofallour stakeholder groups.

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

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