Golden Ocean Group

Board/Management Information • Apr 5, 2025

GOGL - Appointment of CEO and CFO

GOGL - Appointment of CEO and CFO

The Board of Golden Ocean Group Ltd. ("Golden Ocean" or the "Company") is

pleased to announce the appointment of Mr. Peder Simonsen as the Chief Executive

Officer of Golden Ocean Management AS. Mr. Simonsen currently serves as the

Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean

Management AS.

Further, the Company is pleased to announce the appointment of Ms. Randi Navdal

Bekkelund as Chief Financial Officer of Golden Ocean Management. Ms. Bekkelund

currently serves as the Chief Financial Officer of Avance Gas Holding Ltd. Ms.

Bekkelund will commence her new role on June 1, 2025.

April 5, 2025

The Board of Directors

Golden Ocean Group Ltd.

Hamilton, Bermuda

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.