Slide 1: An Innovative Technology Leader in Waste Management
AN INNOVATIVE TECHNOLOGY LEADER IN WASTE MANAGEMENT First-quarter 2026 Presentation 12 May 2026 1
Slide 2: Disclaimer
DISCLAIMER This presentation (the “Presentation”, which term shall be interpreted to include references to this document, the presenters' speeches, the question-and-answer session and any other related verbal or written communication) has been prepared by Soiltech ASA (the “Company” or “Soiltech“),
Slide 3: Agenda
AGENDA 1 HIGHLIGHTS 2 Operational Highlights / Markets / Investments Company overall strategy 3 Financial review 4 Outlook Business plan 2025-2026 3
Slide 4: Soiltech delivers strong results in the quarter
SOILTECH DELIVERS STRONG RESULTS IN THE QUARTER. PLACING EQUIPMENT ORDERS FOR MORE THAN NOK 100 MILLION SOLID FIRST-QUARTER Q1 revenue of 100 million Q1 EBITDA adj. of NOK 25 million Q1 profit before tax of NOK 10 million GOOD START TO THE YEAR Increased revenues, EBITDA and net profit year
Slide 5: Agenda: Operational Highlights / Markets / Investments
AGENDA 1 Highlights 2 OPERATIONAL HIGHLIGHTS / MARKETS / INVESTMENTS Company overall strategy 3 Financial review 4 Outlook Business plan 2025-2026 5
Slide 6: Operational Highlights / Markets / Investments
OPERATIONAL HIGHLIGHTS / MARKETS / INVESTMENTS STRONG MARKET VISIBILITY Equinor exercised option to extend the Frame contract with two years until 31 May 2028. Three 2-year extension options remain. Announced post-quarter NCS showing rare positive visibility, with operators signalling sustained
Slide 7: Contract Status Norway
CONTRACT STATUS NORWAY Note: Contract start, and duration is Soiltech’s best estimate. Contracts normally follow the rig’s contract. When change in client there may be periods without operation. Rigs may carry out Special Periodic Surveys and rig moves where there are no activity. Source: Company 7
Slide 8: Contract Status International
CONTRACT STATUS INTERNATIONAL INTERNATIONAL 2026 2027 2028 2029 2030 Rig Name Rig Type Client Location Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Swift 10 Jackup Wintershall Dea/One Dyas Netherlands Mariner A Platform Odfjell Technology UK Transocean Barents Semisub OMV Petrom Roman
Slide 9: Agenda: Financial Review
AGENDA 1 Highlights 2 Operational Highlights / Markets / Investments Company overall strategy 3 FINANCIAL REVIEW 4 Outlook Business plan 2025-2026 9
Slide 10: First-quarter 2026
FIRST-QUARTER 2026 Historical trend Revenues of 100 million, +17% year on year (YoY) EBITDA adj. of NOK 25 million, +36% YoY EBITDA adj. margin of 25%, up from 21% YoY Profit before tax of NOK 10 million, up from NOK 7 million YoY Profit before tax margin 10%, up from 8% YoY Revenue / Busi
Slide 11: Key Financials
KEY FINANCIALS INCOME STATEMENT (MNOK) Q1 2026 Q1 2025 FY 2025 BALANCE SHEET (MNOK) 31 Mar26 31 Mar25 Revenue 100 86 401 Total assets 600 440 Operating cost 56 53 242 Current liabilities 84 78 Gross profit 44 44 % 33 38 % 159 40 % Non-current liabilities 245 152 Total equity 271 210 SG&A 19 19 % 15
Slide 12: Cashflow
CASHFLOW MNOK Cash flow YTD 2026 as 200 ses uo bs cs se as 2 — — 4 a as 4 Total available Unused portion Cash position Cash generated Cashflow from New Repayment of Bank cash 01.01.26 of bank facility 01.01.2026 from: investing borrowings lease and refinancing uo 202s operedons acter voncwings com S
Slide 13: Agenda: Outlook
AGENDA 1 Highlights 2 Operational Highlights / Markets / Investments Company overall strategy 3 Financial review 4 OUTLOOK Business plan 2025-2026 13
Slide 14: Outlook
OUTLOOK • A strong order backlog and solid financial position make Soiltech well positioned for continued profitable growth • Key drivers are strong operational performance and growing demand for technologies enhancing efficiency, waste reduction and recovery • The uplisting to Euronext Oslo Børs su
Slide 15: Contact
Soiltech ASA Contact: Tove Vestlie CFO / Investor Relations Koppholen 25, Email tove.vestlie@soiltech.no 4313 Sandnes, Norway Mobile +47 90690648 www.soiltech.no 15