Invitation to presentation of results for third quarter 2020

Important notice – In line with the new guidelines from the Directorate of Health and the Institute of Public Health regarding the Covid-19 situation the Q3 presentation will presented as a webcast only.

27 October 2020 – Kværner ASA’s results for the third quarter 2020, will be published through the Oslo Stock Exchange on Wednesday 28 October 2020 at 07:00 CET.

Following that, a live presentation will be held at 09:00 CET the same morning, which is made available through a webcast and a dial-in conference call only. The presentation will be concluded with a Q&A session.

The webcast link and conference call dial-in are available at www.kvaerner.com

The presentation will be broadcast live on www.kvaerner.com and on https://channel.royalcast.com/webcast/hegnarmedia/20201028_4/ at 09:00 CET.

The complete 3rd quarter results 2020 presentation will be available at http://www.kvaerner.com and www.newsweb.no.

ENDS

For further information, please contact:

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

About Kvaerner:
Kvaerner is a project execution specialist and a trusted advisor for our customers. We provide engineering, procurement and construction (EPC) services and deliver advanced offshore and onshore installations around the world.

We have offices in seven countries and approximately 2 800 employees. Health, Safety, Security and Environment (HSSE) has the highest priority in our work, and we aim to deliver technology and solutions in a safe and sustainable way. Our passion, experience and expertise realise values for costumers and societies. Kværner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor and preferred partner for operators and contractors within oil and gas, renewable energy and in the field of engineering and fabrication.

In 2019, Kvaerner's Field Development segment had consolidated annual revenues of NOK 9.4 billion and the company reported an order backlog at 30 June 2020 of NOK 9 billion. Kvaerner is publicly listed with the ticker "KVAER" at the Oslo Stock Exchange. For further information, please visit www.kvaerner.com (http://www.kvaerner.com).

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