Sale of vessel

Farstad Shipping Pte. Ltd., a wholly owned subsidiary of Solstad Offshore ASA, has sold the AHTS Far Strait.

Delivery of the vessel to the new owner took place today April 28th, 2021.

The sale of the vessel will result in an immaterial accounting effect for Q2-2021.

Skudeneshavn, April 28th, 2021

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

Solstad Offshore ASA