Ocean GeoLoop AS — Director's Dealing 2022

May 31, 2022

Ocean GeoLoop AS: Mandatory notification of trades

Ocean GeoLoop AS: Mandatory notification of trades

Ocean GeoLoop AS: Mandatory notification of trades

Certain primary insiders of Ocean GeoLoop AS (the "Company" or "Ocean GeoLoop") with ticker "OCEAN" have today on 31 May 2022 bought shares in the Company as further described below:

• Agri AS, controlled by Erling Ronglan, Business Developer of Ocean GeoLoop, has today bought 10,000 shares in Ocean GeoLoop at an average price of NOK 27.868 per share. After the transaction, Agri AS holds 20,000 shares in Ocean GeoLoop.

• Jan Arne Berg, Chief Construction Officer of Ocean GeoLoop, has today bought 3,500 shares in Ocean GeoLoop at an average price of NOK 27.939 per share. After the transaction, Jan Arne Berg holds 78,500 shares in Ocean GeoLoop.

• Odd-Geir Lademo, Chief Executive Officer of Ocean GeoLoop, has today bought 20,000 shares in Ocean GeoLoop at an average price of NOK 28,000 per share. After the transaction, Odd-Geir Lademo holds 96,250 shares in Ocean GeoLoop.

Please refer to the attached notifications of trading for further details regarding each of the trades.

For further queries, please contact:

• Odd-Geir Lademo, CEO of the Company, tel. +47 920 52 901

• Anders Onarheim, Chairman of the Board of the Company, tel. +47 907 08 643

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This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5-12.

This stock exchange announcement was published by Maria Hosen, CFO of Ocean GeoLoop, on 31 May 2022.