Prosafe SE

Share Issue/Capital Change • Jul 8, 2025

Prosafe SE: Share capital decrease completed

Prosafe SE: Share capital decrease completed

8 July 2025 - Reference is made to the stock exchange announcement made by

Prosafe SE (the "Company") on 16 May 2025 regarding the extraordinary general

meeting's resolution to decrease the share capital of the Company by EUR

22,157,127.24, from EUR 22,335,813.75 to EUR 178,686.51, through a decrease of

the nominal value of each share in the Company by EUR 1.24, from EUR 1.25 to EUR

0.01.

The resolution was published by the Norwegian Register of Business Enterprises

on 22 May 2025 and followed by a six-week creditor notice period, which was

completed without creditor objections.

The share capital decrease has today been registered as completed by the

Norwegian Register of Business Enterprises. Following the share capital

decrease, the share capital of the Company is EUR 178,686.51, divided into

17,868,651 shares, each with a nominal value of EUR 0.01.

For further information, please contact:

Terje Askvig, CEO

Phone: +47 952 03 886

Reese McNeel, CFO

Phone: +47 415 08 186

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs'

Continuing Obligations.