Presentation STECH Q1 2026

First-quarter 2026

Presentation

12 May 2026

AN INNOVATIVE TECHNOLOGY LEADER IN WASTE MANAGEMENT

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“), a company with shares admitted to trading on Euronext Expand.

All the information herein has been prepared by the Company solely for use in relation to this Presentation. The information contained herein does not purport to contain all information concerning the Company. No party has made any kind of independent verification of any of the information set forth herein if not specifically expressed in the Presentation, including any statements with respect to projections or prospects of the business or the assumptions on which such statements are based. The Company does not make any representations or warranty, express or implied, as to the fairness, accuracy, reliability, completeness or correctness of this presentation or of the information contained herein. The information contained in this Presentation is current as of the date hereof and should be considered in the context of the circumstances currently prevailing and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. Neither the Company, nor any of its subsidiary undertakings or affiliates or any such person’s directors, officers, employees, advisors or representatives (collectively the “Representatives”) shall have any liability whatsoever arising directly or indirectly from the use of this Presentation or in any other written material furnished or information orally transmitted to a recipient of this Presentation.

Included in this Presentation are various “forward-looking statements”, including statements regarding the intent, opinion, belief or current expectations of the Company or its management. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and outcomes to be materially different from any future results, performance or outcomes expressed or implied by such forward-looking statements, including, among others, risks or uncertainties associated with the Company’s business, segments, development, growth management, financing, market acceptance and relations with customers, and, more generally, general economic and business conditions, changes in domestic and foreign laws and regulations, taxes, changes in competition and pricing environments, fluctuations in currency exchange rates and interest rates and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this Presentation. An investment in the Company and its shares involves risks, and several factors could cause the actual results, performance or achievements of the Company as described herein to be materially different from any future results, performance or achievements that may be expressed or implied by statements and information in this Presentation. Reference is made to the risk factors included in the listing prospectus published by the Company in relation to the listing on Euronext Expand, available on www.soiltech.no.

This Presentation is not a prospectus or similar registration document and does not constitute or form an offer to sell, or a solicitation of an offer to purchase, any securities in any jurisdiction, and neither the issue of this Presentation nor anything contained herein shall form the basis of or be relied upon in connection with, or act as an inducement to enter into, any investment activity. This Presentation should not be considered as a recommendation by the Company, or any other person in respect of the Company, including any affiliated companies or successors, to invest in its securities.

This Presentation is governed by Norwegian law and any disputes related to it are subject to the ordinary courts of Norway.

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 over year

 Higher margins year over year

 Strong operational performance

 High activity across the contract portfolio

NOK 100 MILLION+ INVESTMENTS IN NEW EQUIPMENT

 Strong market visibility

 Placed orders for new equipment of NOK 100 million+ in 2026

 Strengthened business development and sales team

LISTING ON EURONEXT OSLO

BØRS

 Uplisting to Euronext Oslo Børs on 30 April 2026

 Expected to strengthen investor visibility and share liquidity

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 long-term activity

 Off to a good start in Saudi Arabia - good reception of our fluid treatment technologies

 Swarf contract in Dubai - startup scheduled for Q3 2026

 The unrest in the Middle East has had only a limited impact on overall activity

INVESTING IN NEW EQUIPMENT TO CAPTURE FURTHER GROWTH

 In 2026, we have ordered new equipment for more than NOK 100 million for delivery in 2026 and early 2027

 Attractive growth opportunities exist within both Solid waste management and Fluid treatment

 The market in Europe incl. Norway continues to strengthen for Soiltech’s service portfolio

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.

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.

FIRST-QUARTER 2026

 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

Historical trend

Revenue / Business segments

 Fluid treatment NOK 59 million + 19% YoY, 59% of total revenue

 Solid waste management NOK 41 million +14% YoY, 41% of total revenue

 Commercial uptime 100% across all projects

Key figures

KEY FINANCIALS

CASHFLOW

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 supports these growth ambitions

• Market visibility remains strong, underpinned by global demand for secure energy

• We expect solid growth in activity from the second quarter of 2026 and onwards, supported by our investments in new equipment and strong market momentum

Contact: Tove Vestlie CFO / Investor Relations

Email tove.vestlie@soiltech.no

Mobile +47 90690648