Helix recasts 2025 Form 10-K to show Helix Alliance as discontinued operations after May sale

HELIX ENERGY SOLUTIONS GROUP INC

Sold all equity interests of Helix Alliance (Shallow Water Abandonment segment) on May 1, 2026.
Helix Alliance results reclassified as discontinued operations in recast 2025 10-K MD&A and financial statements.
Recast filed ahead of pending merger with Hornbeck Offshore Services; Form S-4 declared effective July 31, 2026.
Recast is not an amendment; no events after original 10-K filing (Feb 26, 2026) are reflected.

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