Prosafe SE

Report Publication Announcement • May 14, 2020

Prosafe SE: Q1 2020 results and webcast on 27 May 2020

Prosafe SE: Q1 2020 results and webcast on 27 May 2020

Prosafe SE will release its first quarter 2020 results on 27 May 2020 at approx.

07:00 a.m. CEST. The Q1 2020 report and the Q1 2020 presentation will be

published on www.newsweb.no (http://www.newsweb.no) and on Prosafe's website

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

Jesper Kragh Andresen, CEO and Stig H. Christiansen, Deputy CEO & CFO will the

same day at 10:00 a.m. CEST host an audio webcast. The webcast can be followed

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

It will be possible to ask questions during the presentation by using the Q&A

tool embedded in the audio webcast. A replay of the audio webcast will be made

available at www.prosafe.com (http://www.prosafe.com) shortly after.

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, 14 May 2020

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