Eidesvik Offshore — Capital/Financing Update 2020

Sep 23, 2020

EIOF - Contract award for Viking Lady

EIOF - Contract award for Viking Lady

Eidesvik Offshore ASA has been awarded an extension to the current time charter contract with Aker BP ASA for the PSV Viking Lady. The new contract will commence in direct continuation of the existing contract. The firm period of the extended time charter contract is 12 months from January 1, 2021.

Bømlo, September 23, 2020

Contacts:

Jan Fredrik Meling, CEO, phone no: +47 91 67 51 19

Tore Byberg, CFO, phone no: +47 47 50 90 12

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.