Prosafe SE — Earnings Release 2022

Sep 30, 2022

Prosafe SE: Safe Boreas extended on UK contract

Prosafe SE: Safe Boreas extended on UK contract

The client chartering the Safe Boreas to provide gangway connected operations to

support a platform shutdown in the UK North Sea has exercised the first of two

15-day options.

The value of the extended period is approximately USD 2.1 million.

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

Stavanger, 30 September 2022

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: +47 51 65 24 30 / +47 907 65 155

Reese McNeel, CFO

Phone: +47 47 51 64 25 17 / +47 415 08 186

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act