DISCLAIMER

This presentation by Scana ASA is designed to provide a high-level overview of aspects of the operations of Scana ASA.

The material set out in the presentation is current as of 26 February 2026.

This presentation contains forward-looking statements relating to operations of Scana ASA that are based on the management's own current expectations, estimates and projections about matters relevant to Scana ASA's future financial performance. Words such as «likely», «aims», «looking forward», «potential», «anticipates», «expects», «predicts», «plans», «targets», «believes» and «estimates» and similar expressions are intended to identify forward-looking statements.

References in the presentation to assumptions, estimates and outcomes and forward-looking statements about assumptions, estimates and outcomes, which are based on internal business data and external sources, are uncertain given the nature of the industry, business risks, and other factors. Also, they may be affected by internal and external factors that may have a material effect on future business performance and results.

No assurance or guarantee is, or should be taken to be, given in relation to the future business performance or results of Scana ASA or the likelihood that the assumptions, estimates or outcomes will be achieved.

Scana ASA's divisions engage in project activities which means that significant fluctuations in sales and order intake from quarter to quarter can be expected. While management has taken every effort to ensure the accuracy of the material in the presentation, the presentation is provided for information only. Scana ASA, its officers and management exclude and disclaim any liability in respect of anything done in reliance on the presentation.

All forward-looking statements made in this presentation are based on information presently available to management and Scana ASA assumes no obligation to update any forward looking-statements. Nothing in this presentation constitutes investment advice and this presentation shall not constitute an offer to sell or the solicitation of any offer to buy any securities or otherwise engage in any investment activity.

You should make your own enquiries and take your own advice (including financial and legal advice) before making an investment in the company's shares or in making a decision to hold or sell your shares.

26 FEBRUARY 2026

SB1 Markets Energy Conference 2026

26 FEBRUARY 2026
SB1 Markets Energy Conference 2026

Scana

OFFSHORE

TECHNOLOGY

SOLUTIONS

SAMSAL

NONSTAD INDUSTRIER

Seasystems

Sharpenord

Subseatec

WEST

POWER & AUTOMATION

Visit Scana's website to learn more:

www.scana.no

Scana

HIGHLIGHTS – Q4 2025 VS Q4 2024

REVENUE	EBITDA	ADJ. EBITDA*
+0 % to	+166 % to	+48 % to
450 MNOK	70 MNOK	74 MNOK
ORDER INTAKE	ORDER BACKLOG
---	---
+19 % to	+18 % to
392 MNOK	1188 MNOK

*) EBITDA less adjustments related to identified cost or revenue that are excluded to improve comparability of the underlying business performance between periods. Ref appendix, Alternative Performance Measures