Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report for the third quarter of 2025 is attached. No separate market presentation will be published this quarter. Summary: * The Company recorded revenues of USD 0.1 million, down from USD 1.1 million in the third quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 6.3 million, down from negative USD 5.9 million in the third quarter of 2024.* Free cash incre ...

Core Insights - The Company, Electromagnetic Geoservices ASA (EMGS), reported a vessel utilization rate of 24% for Q3 2025, a significant decrease from 40% in Q3 2024 [2] - EMGS had one vessel, the Atlantic Guardian, which completed prefunded multi-client surveys in the North Sea and is set to be redelivered on October 20, 2025 [2] - The Company does not anticipate any multi-client revenue for Q3 2025, expecting to recognize revenue from the North Sea surveys in Q4 2025 [4] Vessel Activity - At the end of Q3 2025, EMGS operated one vessel, recording 3.0 vessel months, consistent with the 3.0 vessel months recorded in Q3 2024 [3] Financial Reporting - EMGS plans to publish its Q3 2025 financial results on November 6, 2025, prior to 07:30 local time in Norway, with a recorded presentation available online [5] Company Overview - EMGS is a leader in the marine electromagnetic (EM) market, utilizing proprietary technology to assist oil and gas companies in offshore hydrocarbon exploration [7] - The Company's services enhance exploration efficiency and reduce risks and finding costs per barrel by integrating EM data with seismic and other geological information [7]

Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate. At the end of the second quarter 2025 t ...

Notice is hereby given of the annual general meeting of Electromagnetic Geoservices ASA ("EMGS" or the "Company"). The annual general meeting will be held at the Company's offices in Karenslyst Allé 4, 4(th) floor, 0278 Oslo, Norway on 19 June 2025 at 12:00 CEST. The calling notice is attached to this stock exchange notification, and will, together with all appendixes, the Company's annual report for 2024, and the remuneration report for 2024 be published on the Company's webpage www.emgs.com.ContactAnders ...

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the first quarter of 2025 are attached. Summary: * The Company recorded revenues of USD 10.0 million, up from USD 0.2 million in the first quarter of 2024 and up from USD 9.7 million in the fourth quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.0 million, up from negative USD 3.8 million in the first quarter of 2024.* Free ca ...

Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 6 May 2025 pertaining to EMGS’ proposal to extend the maturity date for, and amend certain terms of, the Company’s outstanding bond issue Elec ASA 18/25 FRN USD FLOOR STEP C CONV (“EMGS03”). EMGS has today been notified by Nordic Trustee AS, as trustee for EMGS03, that the proposed resolution has been resolved and adopted. The notice from the written bondholders' resolution is attac ...

Reference is made to the stock exchange notice published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 24 April 2025, where EMGS published its audited financial statements and annual report for 2024. As noted by the Company in that stock exchange notification, the European Single Electronic Format (ESEF) 2024 annual report would be published on or about 29 April 2025. The ESEF file is attached to this stock exchange notification and will also be available on www.emgs.com. ContactAnders E ...