DOF ASA

DOF ASA - MINUTES FROM THE EXTRAORDINARY GENERAL MEETING

Reference is made to DOF ASA's previous announcements on 23 November 2022 and 9

December 2022, regarding the Notice of the Extraordinary General Meeting to

consider the proposal from Bjarte Brønmo and Sans Invest AS to elect a new Board

in DOF ASA.

The Extraordinary General Meeting of DOF ASA was held today on 14 December 2022

at 12:00 CET. A copy of the minutes from the Extraordinary General Meeting are

attached to this notice.

The new Chair of DOF ASA's Board of Directors, Leif Salomonsen states the

following: "The Board of directors will start work immediately. Task number one

is to get a complete overview of the work which has been done so far, the plans

that are in place, and then gradually form an opinion on how to proceed. As part

of this, the Board will work closely with the company's management, its

creditors and other stakeholders that are central to the company's future."

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation, and is subject to the disclosure requirements pursuant

to section 5-12 of the Norwegian Securities Trading Act.

The stock exchange announcement was published by Hilde Drønen, CFO, DOF ASA.

With a multi-national workforce of about 3,900 personnel, DOF ASA is an

international group of companies which owns and operates a fleet of modern

offshore/subsea vessels, and engineering capacity to service both the offshore

and subsea market. With over 40 years in the offshore business, the group has a

strong position in terms of experience, innovation, product range, technology

and capacity. DOF's core businesses are vessel ownership, vessel management,

project management, engineering, vessel operations, survey, remote intervention

and diving operations primarily for the oil and gas sector. From PSV charter to

Subsea engineering, DOF offers a full spectrum of top quality offshore services

to facilitate an ever-growing and demanding industry.

The company's main operation centers and business units are located in Norway,

the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.

DOF ASA is listed on the Oslo Stock Exchange since 1997.

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