Slide 1: An Innovative Technology Leader in Waste Management
AN INNOVATIVE TECHNOLOGY LEADER IN WASTE MANAGEMENT Third-quarter 2025 Presentation 30 October 2025 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 Company overall strategy 3 Financial review 4 Outlook Business plan 2025-2026 3
Slide 4: Soiltech delivers increased revenues and results
SOILTECH DELIVERS INCREASED REVENUES AND RESULTS ANOTHER STRONG QUARTER Q3 revenues of 102 million Q3 EBITDA adj. of NOK 24 million Q3 profit before tax of NOK 10 million POSITIVE MARKET RESPONSE Exceptional growth year-on-year o Revenues 50% o EBITDA adj. 78% o Profit before tax up from NOK
Slide 5: Agenda
AGENDA 1 Highlights 2 OPERATIONAL HIGHLIGHTS / MARKETS Company overall strategy 3 Financial review 4 Outlook Business plan 2025-2026 5
Slide 6: Operational Highlights / Markets
OPERATIONAL HIGHLIGHTS / MARKETS HIGH ACTIVITY IN THE QUARTER Commercial uptime 100% across all projects Fluid treatment accounting for 54% of the revenue; solid waste management 46% Norway accounted for 78% of revenue; international 22% HIGH VISIBILITY IN SOILTECH’S MAIN MARKETS The visibil
Slide 7: Contract Status Norway
CONTRACT STATUS NORWAY NORWAY 2025 2026 2027 2028 2029 2030 Rig Name Rig Type Client Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 As kel a dden Ja ckup Equi nor As kepott Ja ckup Equi nor Os eberg B Pl a tform Equi nor Os eberg Sør Pl a tform Equi nor Hei drun Pl a tform E
Slide 8: Contract Status International
CONTRACT STATUS INTERNATIONAL INTERNATIONAL 2025 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 Q1 Q2 Q3 Q4 Swift 10 Jackup Wintershall Dea Netherlands Mariner A Platform Odfjell Technology UK Transocean Barents Semisub OMV Petr
Slide 9: Agenda
AGENDA 1 Highlights 2 Operational Highlights / Markets Company overall strategy 3 FINANCIAL REVIEW 4 Outlook Business plan 2025-2026 9
Slide 10: Third-quarter and First Nine months 2025 results
Third-quarter and First Nine months 2025 results THIRD QUARTER 2025 Revenues of 102 million, +50% year on year (YoY) EBITDA adj. of NOK 24 million, +78% YoY EBITDA adj. margin of 24%, up from 20% YoY Profit before tax of NOK 10 million, up from NOK -10 million YoY Profit before tax margin
Slide 11: Key Financials
KEY FINANCIALS INCOME STATEMENT BALANCE SHEET (MNOK) Q325 % Q324 % YTD25 % YTD24 % (MNOK) 30 Sep25 30 Sep24 Revenue 102 68 299 193 Total assets 541 408 Operating cost 62 41 184 118 Current liabilities 77 64 Gross profit 40 39 % 27 40 % 115 38 % 75 39 % Non-current liabilities 230 152 SG&A 16 14 47 3
Slide 12: Key Financials / Cashflow
KEY FINANCIALS / CASHFLOW MNOK YTD Cash Flow 2025 200 150 100 so 1" e 39 as F Total avellable Unused portion Cash position Cash generated Cashflow from cashOL.0L.25 ofbanktfaciity 01.01.2025 from eperations 01.01. 2025 42 Investing activities New borrowings 24 Repayment of Teageand borrowings Bank r
Slide 13: Agenda
AGENDA 1 Highlights 2 Operational Highlights / Markets Company overall strategy 3 Financial review 4 OUTLOOK Business plan 2025-2026 13
Slide 14: Outlook
OUTLOOK • The year-on-year growth of 55% in revenues demonstrates the clients’ positive response to our technologies • Activity in Q4 is expected to be lower than Q3 largely due to a reduction in drilling on specific projects, before activity picks up again in Q1 2026 • With basis in a strong contra
Slide 15: Contact: Tove Vestlie, CFO / Investor Relations
Contact: Tove Vestlie CFO / Investor Relations Soiltech ASA Email tove.vestlie@soiltech.no Koppholen 25, Mobile +47 90690648 4313 Sandnes, Norway 15 www.soiltech.no