Solstad Offshore ASA — M&A Activity 2019

Mar 20, 2019

PSV Contracts

PSV Contracts

As part of the Frame Agreement with Aker BP ASA announced 01.03.19 the large

PSVs "Normand Arctic" (2011, PSV12LNG) and "Normand Leader" (2013, VS499LNG)

have been called off for 12 months firm - both with commencement Q1 2019.

Skudeneshavn March 20th, 2019

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Anders Hall Jomaas CFO, at +47 40 04 29 18

Solstad Offshore ASA

www.solstad.com

This information is subject of the disclosure requirements according to the

Norwegian Securities Trading Act section §5-12