Sale of vessel

Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the AHTS Elang Laut 1.

The vessel has been in layup in Asia since 2019. Delivery of the vessel to the new owner took place today, July 3, 2023.

The sale of the vessel will result in an immaterial accounting effect.

Skudeneshavn, July 3, 2023

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

Solstad Offshore ASA