Solstad Offshore ASA — M&A Activity 2021

Aug 6, 2021

Contract extension for CSV Normand Pacific

Contract extension for CSV Normand Pacific

Solstad Offshore ASA is pleased to announce that Prysmian Powerlink Srl

("Prysmian") has exercised their option to extend the firm contract for CSV

Normand Pacific with one year. The firm period will expire on December

31st, 2022. In addition, Prysmian has the option to extend the contract with 2

years beyond the firm period.

Normand Pacific has been on charter with Prysmian since August 2016.

Skudeneshavn, August 6th, 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