Integrated Wind : Pareto Conference 2022

Pareto Securities'

29th Annual Energy Conference

14th September 2022

Disclaimer

This presentation (the "Presentation") has been prepared by Integrated Wind Solutions ASA (the "Company" and together with its subsidiaries the "Group") for information purposes. This Presentation does not constitute an offer to sell or a solicitation of an offer to buy, or a recommendation regarding, any securities of the Company.

The distribution of this Presentation may be restricted by law in certain jurisdictions and persons into whose possession this Presentation comes should inform themselves about, and observe, any such restriction.

This Presentation contains certain forward-looking statements relating to the business, financial performance and results of the Group and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", "will", "should", "may", "continue" and similar expressions. The forward-looking statements contained in this Presentation, including opinions and views of the Company or cited from third party sources, are based on various assumptions. The forward-looking statements are solely opinions and forecasts and are subject to risks and uncertainties which are difficult or impossible to predict and are beyond the Company's control. Forward-looking statements are not guarantees of future performance, and risks, uncertainties and other factors could cause the actual results of operations, financial condition and liquidity of the Group or the industry to differ materially from the expectations expressed or implied in this Presentation by such forward-looking statements. You are cautioned not to place any undue importance on any forward-looking statement.

The information in this Presentation is current as of the date hereof and is subject to change. The Company and its representatives are under no obligation to update or keep current the information contained in this Presentation.

This Presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation regarding, any securities of the Company, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. In particular, the information within this Presentation must not be used in making any investment decision.

This Presentation does not purport to contain a complete description of the Group or the markets in which the Group operates. No representation or warranty, express or implied, is made as to the accuracy or completeness of any information contained in this Presentation, and it should not be relied upon as such. None of the Company, its advisers or any of their respective affiliates or representatives shall have any liability arising directly or indirectly from the use of this Presentation or its contents or otherwise arising in connection with this Presentation.

2

IWS | A fully integrated offshore wind solutions provider

3	1) Fixed price option exercisable within three years from original share purchase to acquire an additional 19% of shares (pre-dilution
from share-based option program to key employees)

IWS business areas | Covering integrated services and asset management

	Integrated Services	Operations and Asset Management
97%1)	100%			30% → 49%2)

Electrical engineering &	Owner and operator of	A leading provider of
services and strategic	high-end CSOVs
advisory		Operations and Asset
		Management

4	1) 97% of share capital; 100% of votes, 2) Fixed price option exercisable within three years from original share purchase to acquire
an additional 19% of shares (pre-dilution from share-based option program to key employees)

Green Deal | The complete value chain

5Source: PEAK-Wind