AMSC ASA: Refinancing of Solstad Offshore successfully completed

January 16, 2024 – Reference is made to the stock exchange announcement by AMSC ASA on October 23, 2023 and the closing announcement by Solstad Offshore ASA today regarding the refinancing of Solstad Shipholding AS.

Solstad Offshore ASA announced today that its subsidiary Solstad Shipholding AS has successfully completed the refinancing in accordance with previously communicated terms as outlined in the stock exchange announcement by Solstad Offshore ASA dated October 23, 2023, including AMSC ASA’s NOK 1.0 bn contribution in kind of 100% of the shares in Offshore Leasing I AS (owner of the CSV Normand Maximus)  against shares in Solstad Maritime Holding AS.

AMSC ASA Contact:

Pål Lothe Magnussen, +47 90 54 59 59, pm@amscasa.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.