Reference is made to notice of contract award dated March 16, 2023. Jacktel is pleased to announce that Equinor has exercised the first 2×2 months options, extending the contract until January 6, 2026. The contract value of the extension is approximately 21 MUSD.

 Equinor has the right to extend the contract by another 2 months, until early March 2026.

 The extension of the contract is an important part of Jacktel`s goal to maximize utilization of Haven by reducing the gap between the completion of the Draupner contract and the commencement of the Valhall contract in May 2026.