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Prosafe SE M&A Activity 2024

Sep 11, 2024

3718_iss_2024-09-11_38cab260-fe53-4721-8308-383bde5bbed3.html

M&A Activity

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Prosafe SE: Safe Concordia charter further extended in the US Gulf of Mexico

Prosafe SE: Safe Concordia charter further extended in the US Gulf of Mexico

11 September 2024 - With reference to the public disclosures dated 13 October

2022 and 29 January 2024, the charterer of the Safe Concordia has exercised

early the remaining 2 months of options, plus a further 2 months. The fixed term

of the contract is now through to 09 March 2024.

The total value of the 4 month extended period is approximately USD 13.14

million.

For further information, please contact:

Terje Askvig, CEO Phone: +47 952 03 886

Reese McNeel, CFO Phone: +47 415 08 186

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

(https://www.prosafe.com/).

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act. This stock exchange

announcement was published by Line Bliksmark, Marketing and Communications

Manager, on September 11th, 2024, at approx.16:30 CEST.