Prosafe SE

Director's Dealing • Aug 23, 2021

Prosafe SE: Mandatory notification of trade

Prosafe SE: Mandatory notification of trade

Jesper Kragh Andresen, CEO has today sold 84,067 shares in Prosafe SE at an

average price of NOK 1.52 per share.

Stig H. Christiansen, Deputy CEO&CFO has today sold 54,000 shares in Prosafe SE

at an average price of NOK 1.53 per share.

Ryan Stewart, COO has today sold 45,260 shares in Prosafe SE at an average price

of NOK 1.52 per share.

Karine Cosemans, Sr. Manager Communication & Exec. Support has today sold 1,200

shares in Prosafe SE at an average price of NOK 1.55 per share.

Following the transactions, Jesper Kragh Andresen, Stig H. Christiansen, Ryan

Stewart and Karine Cosemans own 0 shares in Prosafe SE.

The sale is made in light of the announced and ongoing financial restructuring

process which will leave existing shareholders in Prosafe SE with only 1% of the

shares following implementation, and consequently in order to crystalize their

losses.

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 www.prosafe.com (http://www.prosafe.com)

Stavanger, 23 August 2021

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

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

Stig Harry Christiansen, Deputy CEO and CFO

Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act