Developing Offshore Wind for a Sustainable Future

Annual & Sustainability Report 2021

Aker Offshore Wind had an exciting year in 2021 where we have raised our ambitions to become a leading offshore wind developer.

Who
we are

Aker Offshore Wind is a pureplay offshore wind developer striving to create a sustainable future – one driven by clean, green energy.

We aim to source, develop and eventually operate deepwater offshore wind projects and become a power producer of renewable energy. The company has a portfolio of development projects and prospects in Europe, North America and Asia.

What distinguishes us

1. Unparalleled Deepwater Expertise

Building on the deepwater capabilities of the Aker companies to drive industrialization and reduce costs.

2. Proven Deepwater Wind Technologies

Privileged access to proven floater design and offshore competence and technologies through Principle Power and Aker Solutions.

3. Attractive Project Pipeline

Early entrant position in attractive markets together with reputable consortium partners.

4. Strong Backing from Aker Sphere

Supported by majority shareholder with track record of building successful companies.

5. Solid Focus on Sustainability

Integrating sustainability throughout the project lifecycle.

July 12, 2022

Mainstream and Aker Offshore Wind Combine to Create Global Frontrunner in Offshore Wind

The shareholders of Mainstream Renewable Power (“Mainstream”) and Aker Offshore Wind have entered an agreement to combine the two companies to create a stronger renewable company with a 27 GW portfolio across solar, onshore wind and bottom-fixed and floating offshore wind projects.

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June 17, 2022

Aker Offshore Wind: Merger with Aker Horizons to be Completed Today – Last Day of Trading

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the previous stock exchange announcements by Aker Offshore Wind AS (“Aker Offshore Wind” or “AOW”) regarding the contemplated merger with Aker Horizons ASA (“Aker Horizons”). The merger will be carried out as a triangular merger whereby AOW will merge with Aker Horizons’ wholly-owned subsidiary AH Tretten AS as the surviving entity and Aker Horizons will issue consideration shares.

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