Soiltech (STECH) Pareto Securities' 32nd Annual Energy Conference Presentation summary

Strategic positioning and market leadership

• Recognized as a technology leader in waste management, focusing on innovative and cost-effective solutions for reduction, recycling, and containment of waste on-site.

• Operates with long-term contracts and recurring revenues from solid counterparties, serving 130 employees across 8 countries.

• Maintains a strong recurring client base, including major E&P companies and drilling contractors.

Service offerings and technology

• Provides end-to-end waste management, including high-capacity fluid treatment, solid waste management, and associated services like tank cleaning and remote operations.

• Introduced digitalization through SmartTransfer™ and automated tank cleaning, enhancing operational efficiency.

• Fluid treatment accounts for ~50% and solid waste management for ~44% of 2025 YTD revenue.

Market presence and growth opportunities

• Holds a 60% market share in fluid treatment and 10% in solid waste management for Norway’s mobile rig fleet.

• Estimated 2025 annual revenue in Norway is NOK 300 million, with an addressable market of NOK 2.5–3 billion.

• Core global market includes over 600 installations, with significant growth potential in onshore and international markets, especially the Middle East.