Prosafe SE

Regulatory Filings • Oct 15, 2022

Correction: Prosafe SE: Update regarding auction in Brazil

Correction: Prosafe SE: Update regarding auction in Brazil

* The change in relation to the original release is the addition of one sentence

regarding the selected vessel.

Prosafe has submitted the most competitive offer in a bidding process for a 650-

day firm period contract by Petróleo Brasileiro SA ("Petrobras"). The contract

value is approximately USD 73 million (equivalent to USD 112,500 per day).

Contract award and timing are subject to a formal clarification process during

which Petrobras is under no formal obligation to conclude a contract and other

bidders may appeal.

A contract, if awarded, would deploy the Safe Zephyrus semi-submersible vessel

for safety and maintenance support offshore Brazil within 2023.

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

Stavanger, 15 October 2022

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: +47 51 65 24 30 / +47 907 65 155

Reese McNeel, CFO

Phone: +47 47 51 64 25 17 / +47 415 08 186

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act