Viking Supply Ships

SECOND QUARTER

• Total revenue was MSEK 279 (151)
• EBITDA for continuing operations was MSEK 95 (23)
• Result after tax including discontinued operations was MSEK 51 (-6)
• Result after tax including discontinued operations per share was SEK 3.8 (-0.4)

YEAR-TO-DATE

• Total revenue was MSEK 508 (321)
• EBITDA for continuing operations was MSEK 156 (60)
• Result after tax including discontinued operations was MSEK 157 (3)
• Result after tax including discontinued operations per share was SEK 11.9 (0.3)

SUMMARY OF EVENTS IN Q2

• EBITDA for continuing operation was in Q2 MSEK 95 (23).
• The average fixture rates in Q2 for the AHTS-fleet was USD 50,600 (50,400) and the average utilization was 74% (44).

SUBSEQUENT EVENTS

• Viking Supply Ships has in July 2024 signed a refinancing of the revolving credit facility. The new agreement, with improved pricing terms, has a final maturity date in second quarter of 2027.
• A decision is taken to outsource the management of the six AHTS vessels to the Sea1 Offshore Inc group. The initiative is expected to result in substantial cost savings effective from Q1 2025 to the benefit of all shareholders. Viking Supply Ships will retain its unique ice-competence and the shares of the company will remain listed on Nasdaq First North. The outsourcing is intended to be completed during the course of October 2024 and is subject to final documentation and required third party consents.