Prosafe SE - Board/Management Information 2025

Prosafe SE: Reese McNeel appointed as CEO in Prosafe SE

Oslo, 6 November 2025 - The Board of Directors of Prosafe has appointed Reese

McNeel as permanent chief executive officer (CEO) of Prosafe.

Reese will continue to perform the CFO duties until a successor is appointed.

Reese has more than 20 years of leadership experience from the offshore energy

industry and publicly listed companies, including executive management and CEO

level tenure at Atlantica Tender Drilling Ltd. and Sevan Marine ASA. He has

already demonstrated his strong leadership and dedication to Prosafe as interim

CEO since September 2025 and Chief Financial Officer since August 2022.

Carey Lowe, Chairman of Prosafe, says: " We are pleased to appoint Reese as

permanent CEO. Since assuming the interim role, Reese has already demonstrated

decisive leadership and, with the support of the Board, initiated a significant

transformation of the company. He is leading efforts to enhance cost

efficiency, strengthen operational performance, and build a solid backlog,

positioning Prosafe for long-term success and value creation for shareholders."

Prosafe is a leading owner and operator of semi-submersible accommodation

vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please refer to https://www.prosafe.com

Prosafe SE

For further information, please contact:

Carey Lowe, chair of the Board

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act and the continuing obligations for

issuers listed on Euronext Oslo Børs.

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