Sale of vessel

Solstad Rederi AS, a wholly owned subsidiary of Solstad Maritime Holding AS, has sold the AHTS Far Sound and AHTS Far Scimitar.

The sale will result in total gain on sale of assets of approximately MNOK 75 to be reflected in 1Q 2024

The vessels have been in layup in Asia since 2016 and 2018. Delivery of the vessels to the new owner took place today, February 23, 2024.

Solstad Offshore ASA owns ~27% of Solstad Maritime Holding AS.

Skudeneshavn, February 23, 2024

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

Solstad Offshore ASA