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Bw Offshore Ltd.

Capital/Financing Update Oct 15, 2025

9903_rns_2025-10-15_0f9fb6c7-a9db-4356-bf21-28be36b96d1c.html

Capital/Financing Update

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BW Offshore: Update on financing arrangements

BW Offshore: Update on financing arrangements

Update on financing arrangements

In order to optimise its current financing structure, BW Offshore Limited (the

"Company") has been in dialogue with certain bondholders to ensure alignment of

certain of its financial covenants in the outstanding bond (BWO06, ISIN

NO0013077560) to its other senior debt facilities. Based on the feedback

received, the Company has decided not to proceed with the contemplated

amendments of BWO06.

For further information, please contact:

Ståle Andreassen, CFO, +47 91 71 86 55

[email protected] or www.bwoffshore.com

About BW Offshore:

BW Offshore engineers innovative floating production solutions. The Company has

a fleet of FPSOs with potential and ambition to grow. By leveraging four decades

of offshore operations and project execution, the Company creates tailored

offshore energy solutions for evolving markets world-wide. BW Offshore has

around 900 employees and is publicly listed on the Oslo stock exchange.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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