Golden Ocean Group

Major Shareholding Notification • May 14, 2025

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the NOR-FSA)

1. Identity of the issuer:
Golden Ocean Group Limited
PO Box 1593 Par-la-Ville Plac
Hamilton
HM08
Bermuda
LEI: 549300HQH91CZG0OJL61

2. Reason for the notification (please tick the appropriate box or boxes):

☒ An acquisition or disposal of shares or voting rights

☐ An acquisition or disposal of financial instruments

☐ An event changing the breakdown of shares or voting rights

☐ Other (please specify):

3. Details of person subject to the notification obligation:

Name:

BlackRock, Inc.

City and country of residence:

Wilmington, DE U.S.A 4. Full name of shareholder(s) (if different from 3.):

5. Date on which the threshold was crossed or reached:

13.5.2025

6. Total positions of person(s) subject to the notification obligation:

	% of shares and voting rights (total of 7.A)	% of shares and voting rights through financial instruments (total of 7.B)	Total of both in % (7.A + 7.B)	Total number of shares and voting rights of issuer
Resulting situation on the date on which	4.21% shares	0.87% shares	5.08% shares	201,190,621 shares
threshold was crossed or reached	4.21% voting rights	0.87% voting rights	5.08% voting rights	201,190,621 voting rights
Position of previous	Below 5% shares	Below 5% shares	Below 5% shares
notification (if applicable)	Below 5% voting rights	Below 5% voting rights	Below 5% voting rights

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights
Class/type of shares	Number of shares and voting rights		% of shares and voting rights
ISIN code (if possible)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
BMG396372051		8,470,229 shares 8,470,229 voting rights		4.21% shares 4.21% voting rights
SUBTOTAL A	8,470,229 shares 8,470,229 voting rights		4.21% shares 4.21% voting rights

Type of financial instrument	Expiration date	B: Financial Instruments according to SMA 9:6a Exercise/ Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Securities Lent	N/A	N/A	Physical	1,762,256 shares	0.87% shares
				1,762,256 voting rights	0.87% voting rights
			SUBTOTAL B	1,762,256 shares	0.87% shares
				1,762,256 voting rights	0.87% voting rights

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

☐ Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

☒ Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
See Annex

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of

10. Additional information:

The disclosure obligation arose due to total holding in shares and votes for BlackRock, Inc. going above 5%.

Done at 12 Throgmorton Avenue, London, EC2N 2DL, U.K. on 14 May 2025

Annex

Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity;

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
BlackRock, Inc.
BlackRock Finance, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC			Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock Investment Management (UK) Limited			Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Australia Holdco Pty. Ltd.
BlackRock Investment Management (Australia) Limited			Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Institutional Trust Company, National Association			Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors			Below 5%

BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.	Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BlackRock Canada Holdings ULC
BlackRock Asset Management Canada Limited	Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Capital Holdings, Inc.
BlackRock Advisors, LLC	Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock Advisors (UK) Limited	Below 5%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock (Singapore) Holdco Pte. Ltd.	Below 5%
BlackRock (Singapore) Limited
BlackRock, Inc.
BlackRock Finance, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC
Amethyst Intermediate, LLC
Aperio Holdings, LLC
Aperio Group, LLC	Below 5%

A: Identity of the person subject to the notification obligation

Full name (including legal form for legal entities) BlackRock, Inc.

Contact address (registered office for legal entities) c/o 12 Throgmorton Avenue, London, EC2N 2DL, U.K.

E-Mail

emeadisclosures@blackrock.com

Phone number / Fax number

+44 (0) 20 7743 3650 / +44 (0) 20 7668 4045

Other useful information (at least a contact person for legal persons) Jana Blumenstein

B: Identity of the notifier, if applicable

Full name

Jana Blumenstein

Contact address

12 Throgmorton Avenue, London, EC2N 2DL, U.K.

E-Mail

emeadisclosures@blackrock.com

Phone number / Fax number

+44 (0) 20 7743 3650 / +44 (0) 20 7668 4045

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information: