Reach Subsea ASA offering high quality solutions and technology to clients in need of ocean data and services, continues to increase order backlog after securing multiple new contracts, contract extensions and Call-offs within the scope of our existing frame agreements in the North Sea and the Americas region.

Reach Subsea has secured contracts with an estimated total value of above NOK
570 million. The majority of these contracts are starting in Q1 and covers all
parts of our fleet and services.

We are pleased to report success in securing work across various markets and
regions. The growing demand for our subsea services across all sectors is
evident from our recent contracts. It is a positive indication that our busy
schedule for subsea projects extends into Q1, providing a strong start to this
year.

Jostein Alendal, CEO Reach Subsea