Sale of vessel

Farstad Supply AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Far Splendour.

Delivery of the vessel to the new owner took place today May 10th, 2021.

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

Skudeneshavn, May 10th, 2021

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

Solstad Offshore ASA