Prosafe SE

Regulatory Filings • Mar 2, 2020

Prosafe SE:

Prosafe SE:

Prosafe and Shell U.K. Limited have agreed to amend the original 1 June 2020

commencement date of the Safe Zephyrus at the Shearwater platform in the UK

sector of the North Sea to 2 May 2020 by extending the contract by 30 days.

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

Stavanger, 2 March 2020

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

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

Stig Harry Christiansen, Deputy CEO and CFO

Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act