Letter received from Kistefos
Kistefos AS and Kistefos Investments AS (together "Kistefos") have informed the board members and CEO of Solstad Offshore ASA ("SOFF") that Kistefos is considering initiating a lawsuit against the board members and the CEO to claim compensation for the alleged loss incurred by Kistefos as a result of the refinancing that was announced by SOFF on 23 October 2023. Kistefos is considering initiating the lawsuit in the form of a class action, so that other shareholders in SOFF may participate. The board members of SOFF and the CEO maintain that any such lawsuit would be without merit, and