Solstad Maritime ASA

Earnings Release • Dec 12, 2025

Solstad Maritime ASA - Sale of CSV Normand Clipper

Solstad Maritime ASA - Sale of CSV Normand Clipper

Skudeneshavn, 12 December 2025

Solstad Maritime ASA ("SOMA") today announces that Global Marine Group, the

current charterer of CSV Normand Clipper (built in 2001), have declared its

purchase option for the vessel.

Delivery of the vessel to the new owner will take place at the end of the firm

contract period on 1 June 2026.

The vessel has supported Global Marine Group's worldwide cable-laying operations

since 2020.

Solstad Maritime will recognize a gain on the sale of approximately USD 10

million to be reflected in the Q2 2026 accounts.

Contacts:

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Maritime ASA

www.solstad-maritime.com