Prosafe SE

Major Shareholding Notification • Dec 17, 2021

PROSAFE SE - SHAREHOLDING DISCLOSURE

PROSAFE SE - SHAREHOLDING DISCLOSURE

PROSAFE SE - SHAREHOLDING DISCLOSURE

17 December 2021

The entities listed below have today agreed to sell shares in Prosafe SE (the “Company”), whereby their total shareholding and votes in the Company after completion of such transactions will be as set out below:

1. ABN Amro Bank N.V. has agreed to sell all of its 504,848,072 shares (including those to be issued in the further equitization, as announced on 15 December 2021), and will following completion of the sale own no shares and hold no voting rights in the Company, consequently the 5 % disclosure threshold in the Norwegian Securities Trading Act Section 4 2 has been crossed;

2. Danske Bank A/S has agreed to sell all of its 924,784,964 shares (including those to be issued in the further equitization, as announced on 15 December 2021), and will following completion of the further equitization (as announced on 15 December 2021) and share sale own no shares and hold no voting rights in the Company, consequently the 10 % disclosure threshold in the Norwegian Securities Trading Act Section 4 2 has been crossed;

3. DNB Bank ASA has agreed to sell 131,980,497 shares, and will following completion of the further equitization (as announced on 15 December 2021) and share sale own a total of 1,306,230,733 shares in the Company, equalling 14.8 % of the total issued and outstanding share capital and votes in the Company, consequently the 15 % disclosure threshold in the Norwegian Securities Trading Act Section 4 2 has been crossed;

4. Nordea Bank Abp, filial i Norge, has agreed to sell 439,934,989 shares, and will following completion of the further equitization (as announced on 15 December 2021) and share sale own a total of 1,072,474,347 shares in the Company, equalling 12.2 % of the total issued and outstanding share capital and votes in the Company, consequently the 15 % disclosure threshold in the Norwegian Securities Trading Act Section 4 2 has been crossed; and

5. Skandinaviska Enskilda Banken AB has agreed to sell 87,986,998 shares, and will following completion of the further equitization (as announced on 15 December 2021) and share sale own a total of 855,504,424 shares in the Company, equalling 9.7 % of the total issued and outstanding share capital and votes in the Company, consequently the 10 % disclosure threshold in the Norwegian Securities Trading Act Section 4 2 has been crossed,

each based on a total of 8,798,699,789 issued and outstanding shares and voting rights in the Company following completion of the equitization of debt in the Company, as announced by the Company on 15 December 2021 and in a major shareholding disclosure made by, among others, the above-mentioned shareholders on 15 December 2021.

Closing of the transactions are expected to take place on or about 21 December 2021.

This information is subject to the disclosure requirement in the Norwegian Securities Trading Act 4 2.