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Solstad Offshore ASA Capital/Financing Update 2021

Nov 9, 2021

3749_rns_2021-11-09_04ad9ae1-9014-41dc-ae23-9b1106f4ca6d.pdf

Capital/Financing Update

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Sale of vessel

Farstad Supply AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the CSV Far Saga. Delivery of the vessel to the new owner took place November 8th, 2021.

The sale of the vessel will result in a minor gain in Q4 2021.

Skudeneshavn, November 9th, 2021

Contacts Lars Peder Solstad CEO, at +47 91 31 85 85 Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA www.solstad.com

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Solstad Offshore ASA — Capital/Financing Update 2021

3749_rns_2021-11-09_04ad9ae1-9014-41dc-ae23-9b1106f4ca6d.pdf

Sale of vessel

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Solstad Offshore ASA Capital/Financing Update 2021