Adjustment of loan agreement

Scana ASA and DNB Bank ASA have agreed on an adjustment to the existing loan agreement with an improved covenant structure that is more adapted to the company’s operations.

The company has, through a proactive dialogue with DNB, secured an adjustment to the loan agreement’s covenant structure. The new structure is more adapted to Scana’s operations and reduces the risk of covenant breaches.

The existing NIBD/EBITDA-covenant (adjusted EBITDA measured according to NGAAP) is replaced with a covenant based on nominal quarterly EBITDA (adjusted EBITDA measured according to NGAAP). The adjustment applies to the quarters Q2, Q3 and Q4 of 2025.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Stian Vikebø, General Counsel at Scana ASA, on 30 June 2025 at 16:47 CEST.