Financial report for the 4th quarter 2020

This report is reflecting the changes to the Company following the closing of the restructuring.

Equity strengthen with MNOK 12,212 compared to previous quarter and booked equity end of year of MNOK 4,200

Skudeneshavn, February 25th, 2021

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

Solstad Offshore ASA

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.