Prosafe SE — Major Shareholding Notification 2015

Nov 18, 2015

Result of purchase order and disclosure of shareholding

Result of purchase order and disclosure of shareholding

Reference is made to the stock exchange notice on 17

November 2015 regarding a purchase order for up to

23,597,306 shares in Prosafe SE. North Sea Strategic

Investments AS, a company managed by HitecVision, will

through the purchase order and other market

transactions acquire a total of 20,710,337 shares in

Prosafe, representing approximately 8.8 % of the

issued shares and votes in the company. North Sea

Strategic Investments AS does not hold other shares or

rights to shares in Prosafe SE. Settlement with

selling shareholders who tendered shares under the

purchase order will take place at a price of NOK 25.00

per share through Arctic Securities AS on or about 20

November 2015.

North Sea Strategic Investments AS will settle

11,500,000 shares representing a portion of the

investment, through a forward contract with settlement

on 7 December 2015.

Contact person for North Sea Strategic Investments AS:

Chairman Frode Sigurd Berg, +47 91 33 74 09