Golden Ocean Group — Share Issue/Capital Change 2021

Mar 26, 2021

GOGL - 2020 Annual General Meeting

GOGL - 2020 Annual General Meeting

26.03.2021

Golden Ocean Group Limited (the "Company") advises that a Special General

Meeting of the Shareholders of the Company was held on March 26, 2021 at 9:00

a.m. at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, Bermuda

(the "Meeting"). The following resolution was in line with the proposal in the

notice to the Meeting.

The Company's authorized share capital be increased from US$10,000,000.00

divided into 200,000,000 common shares of US$0.05 par value each to

US$15,000,000.00 divided into 300,000,000 common shares of US$0.05 par value

each by the creation of 100,000,000 common shares of US$0.05 par value each.

Hamilton, Bermuda

August 31, 2020