Prosafe SE

Director's Dealing • Nov 16, 2023

Prosafe SE: Mandatory notification of trade

Prosafe SE: Mandatory notification of trade

Reference is made to Prosafe SE's ("Prosafe") stock exchange announcements on

25 October and 16 November relating to the private placement (the "Private

Placement") of a total of 5 833 333 new shares (the "Offer Shares"), each at a

subscription price of NOK 60 per Offer Share (the "Subscription Price"). The

Private Placement was approved by the Extraordinary General Meeting of Prosafe

on 16 November 2023.

The following persons discharging managerial responsibilities ("PDMRs") in

Prosafe have subscribed for and been allocated the following Offer Shares at the

Subscription Price:

Glen O. Rødland, Chair of the Board of Prosafe, through Gross Management AS:

71 167 Offer Shares. After delivery, entities controlled by Glen O. Rødland will

own 211 167 shares.

Nina Udnes Tronstad, member of the Board of Prosafe: 1 667 Offer Shares. After

delivery, Nina Udnes Tronstad will own 7 667 shares.

Simen Flaaten, member of the Board of Prosafe, through Vicama Capital AS:

184 917 Offer Shares. After delivery, entities controlled by Simen Flaaten will

own 549 655 shares.

Terje Askvig, CEO of Prosafe, through Peppercorn AS: 25 000 Offer Shares. After

delivery, entities controlled by Terje Askvig will own 25 000 shares and

220 000 share options in Prosafe.

Reese McNeel, CFO of Prosafe: 1 250 Offer Shares. After delivery, Reese McNeel

will own 2 000 shares and 100 000 share options in Prosafe.

Please find attached the notifications for persons discharging managerial

responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and

section 5-12 of the Norwegian Securities Trading Act.

Prosafe is a leading owner and operator of semi-submersible accommodation

vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please refer to https://www.prosafe.com

16 November 2023

Prosafe SE

For further information, please contact:

Glen Ole Rødland, Chair of Prosafe SE

Phone: +47 907 41 662

Terje Askvig, CEO

Phone: +47 952 03 886

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.