Invitation to presentation of 2nd quarter and half year results 2019

28 June 2019

Kværner ASA will publish its 2nd quarter and half year results 2019 at the Oslo Stock Exchange on Friday 12 July 2019 at 07:00 CET. A presentation will be available through a conference call and audio cast at 09:00 CET the same morning.

The presentation will be audio casted live, and is available through a dial-in conference call. There will be a Q&A session following the presentation. The replay will be made available on the company’s website www.kvaerner.com.

Live audio cast link: https://webtv.hegnar.no/presentation.php?webcastId=98040233

Date: Friday 12 July 2019

Time: 09:00 CET

Language: English

Please join the event conference 5-10 minutes prior to the start time. You will be asked to provide the confirmation code, speaker name or the title of the conference.

Dial in details:

Local – USA +1 929-477-0324

Local – UK +44 (0)330 336 9105

Local – Norway +47 2100 2610

Local – Sweden +46 (0)8 5033 6574

Confirmation code: 5908575

Event conference title: Kvaerner Q2 results

The complete 2nd quarter and half year results 2019 report and presentation will be available at http://www.kvaerner.com and www.newsweb.no.

ENDS

For further information, please contact:

Investor Relations:

Idar Eikrem, EVP & CFO, Kvaerner, +Mob: +47 950 28 363, email: ir@kvaerner.com

Media:

Torbjørn Andersen, VP Communication & IR, Kvaerner, Mob: +47 928 85 542, email: torbjorn.andersen@kvaerner.com

About Kvaerner:

Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore installations around the world. Kværner ASA, through its subsidiaries and affiliates (“Kvaerner”), is an international contractor and preferred partner for oil and gas operators and other engineering and fabrication contractors. Kvaerner and its approximately 3 000 HSSE-focused and experienced employees are recognised for delivering some of the world’s most amazing and demanding projects.

In 2018, Kvaerner’s Field Development segment had consolidated annual revenues of NOK 7.3 billion and the company reported an order backlog at 31 March 2019 of NOK 10.2 billion. Kvaerner is publicly listed with the ticker “KVAER” at the Oslo Stock Exchange. For further information, please visit www.kvaerner.com.

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