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DOF Group ASA - Financial Report for 3rd quarter 2024

DOF Group ASA's (“DOF” or the “Group”) revenue for 3rd quarter (management reporting) totals USD 376 million (USD 322 million) and EBITDA totals USD 141 million (USD 123 million). The operating profit (EBIT) is USD 88 million (USD 85 million). Net financial costs amount to USD -9 million (USD -52 million) including unrealised currency gain of USD 17 million (USD -24 million). The result after taxes is USD 69 million (USD 27 million). The Group’s net interest-bearing debt is USD 1,143 million (USD 1,372 million). The equity is USD 1,195 million (USD 749 million) giving an equity ratio of 39%

DOF Group ASA – Approval and publication of prospectus

Austevoll, 5 November 2024: Reference is made to the stock exchange announcement made by DOF Group ASA ("DOF" or the "Company") on 2 July 2024 in which it was announced that DOF, through DOF Offshore Holding Denmark ApS on certain terms and conditions would acquire all the shares in Maersk Supply Service A/S (renamed to DOF Denmark A/S on the date hereof)("MSS") from Maersk Supply Service Holding ApS ("MSSH") (the "Transaction"). Reference is further made to the stock exchange announcement by the Company on 1 November 2024 in which it was announced that (i) the Transaction had been

DOF Group ASA – Shareholder disclosure notification

Reference is made to the stock exchange announcement made by DOF Group ASA ("DOF") on 1 November 2024, regarding the completion of DOF's acquisition of Maersk Supply Service A/S (renamed DOF Denmark A/S) from Maersk Supply Service Holding A/S, and the private placement of new shares in DOF as further detailed therein (together, the "Transactions"). Funds and accounts managed, advised, and sub advised by Cross Ocean Adviser LLP and its affiliates ("Cross Ocean") own 10,820,784 shares in DOF. Following completion of the Transactions, including the private placement in which Cross Ocean did

DOF Group ASA – Registration of share capital increase

Austevoll, 1 November 2024: Reference is made to the stock exchange announcement made by DOF Group ASA ("DOF" or the "Company") today, on 1 November 2024, in which it was announced that the board of directors of the Company had resolved to issue 58,883,073 consideration shares (the "Consideration Shares") and 2,686,591 new shares (the "New Shares") to Maersk Supply Service Holding ApS ("MSSH"), based on the authorisation granted by the extraordinary general meeting of the Company on 26 July 2024. The share capital increase pertaining to the issuance of the Consideration Shares and the

Major shareholder notification

Reference is made to the announcement made by DOF Group ASA (”DOF” or the ”Company”) today regarding the completion of DOF’s acquisition of Maersk Supply Service A/S (renamed DOF Denmark A/S on the date hereof) from Maersk Supply Service Holding A/S (”MSSH”) (the ”MSS Transaction”), as well as the private placement of new shares in DOF as announced by the Company on 2 - 3 July 2024 (the ”Private Placement”), where MSSH was allocated 2,686,591 shares in DOF in a separate tranche (”Tranche 2”), subject to completion of the MSS Transaction. Following completion of the MSS Transaction and

DOF Group ASA – Closing of the acquisition of Maersk Supply Service and share capital increase

Austevoll, 1 November 2024: Reference is made to the stock exchange announcements made by DOF Group ASA ("DOF" or the "Company") on 2 July 2024 in which it was announced (i) that DOF, through DOF Offshore Holding Denmark ApS on certain terms and conditions would acquire all the shares in Maersk Supply Service A/S (renamed to DOF Denmark A/S on the date hereof) from Maersk Supply Service Holding ApS ("MSSH") (the "Transaction") whereby MSSH at completion of the Transaction would receive a combination of USD 577 million in cash (adjusted based on the locked-box accounts and subject to further

DOF Group ASA - Invitation to presentation of Q3 2024 results

DOF Group ASA will present its Q3 2024 results on Thursday 7th of November 2024. The report will be available at www.dof.com and www.newsweb.no.  The presentation of the quarterly results will be held at 08:30 CET at Norges Rederiforbund, Rådhusgaten 25, 7th floor, Oslo, and as a webcast at the same time on: https://www.dof.com/webcast  The presentation will be held by CEO Mons S. Aase and CFO Hilde Drønen.   Due to practical reasons, we ask those of you interested in attending the presentation at Norges Rederiforbund, Oslo to please register to Margrethe R. Østervold, e-mail

DOF Group ASA - Contract award for Skandi Feistein

DOF Group ASA ("DOF") is pleased to announce a Substantial Contract with an international oil company for the PSV Skandi Feistein. The vessel will continue with the current client on a new 18-months firm contract with a further 18-months extension option. Commencement will be in direct continuation from the existing contract. This agreement contributes to maintaining DOF's presence in Australia. DOF defines a Substantial Contract as a contract with value between USD 25 million to USD 50 million. For further information, please contact: Martin Lundberg, SVP Finance DOF Group ASA

DOF Group ASA - Cancellation of subsequent offering

NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE "UNITED STATES"), AUSTRALIA, CANADA, SOUTH AFRICA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. DOF Group

DOF Group ASA - Capital Markets Day, 10 September 2024

DOF Group ASA will today host a Capital Markets Day from 11:30 – 15:00 CEST. The presentation will be held by DOF’s CEO Mons Aase, CFO Hilde Drønen and other key executives across the company. The presentation material is attached to this release and will be available on DOF’s website. Key highlights from the presentation:   - Well positioned with a global organization and the right fleet composition for delivering integrated subsea services - Perfect fleet, track record and competence for floating wind - Strong and increasing earnings – guidance second half 2024 EBITDA of

DOF Group ASA - Decommissioning Services Contract Award in APAC

DOF is pleased to announce a contract award for subsea decommissioning services in APAC. The contract award includes project management, engineering, logistics support and execution of decommissioning activities utilising Skandi Hercules. The offshore campaign will be conducted in Western Australian waters and is expected to commence in Q4 2024 for approximately 50 days. Mons Aase, CEO DOF Group ASA, said, “This award secures further backlog for the APAC region and we look forward to delivering a safe and successful project.” The value of the contract is Limited, which DOF defines

Contract extension and contract award in APAC

DOF Subsea (DOF) is pleased to announce a contract extension and a contract award securing further backlog for the APAC region. A contract extension has been secured for Skandi Singapore with the vessel fully committed through Q4 2024 with further options available into Q1 2025. In addition, the latest contract secured for the region will utilise Skandi Singapore and see the vessel deployed off the Australian coast during Q1 2024. The contracted scope includes project management and engineering, fabrication, field reconfiguration and installation activities associated with extending

DOF Group ASA - Financial Report for 2nd quarter 2024

The Group's revenue for 2nd quarter (management reporting) totals USD 361 million (USD 330 million) and EBITDA totals USD 122 million (USD 121 million). The operating profit (EBIT) is USD 111 million (USD 128 million). Net financial costs amount to USD -91 million (USD -4 million) including unrealised currency loss of USD -62 million (USD 8 million). The result after taxes is USD 6 million (USD 103 million). The Group’s net interest-bearing debt is USD 1,286 million (USD 1,444 million). The equity is USD 1,045 million (USD 725 million) giving an equity ratio of 35% (26%). Key highlights

DOF Group ASA - Invitation to Capital Markets Day, 10 September 2024

DOF Group ASA is pleased to invite investors, analysts and other stakeholders to its Capital Markets Day on Tuesday 10 September 2024 at 11:30 – 15:00 CEST in Oslo. The presentation will be held by DOF’s CEO Mons Aase, CFO Hilde Drønen and other key executives across the company, and will cover the following topics:- Introduction- Operational deep dives- Maersk Supply Service transaction highlights- Finance update- DOF’s ESG commitment- Q&A Practical information: Location: The event will take place at the office of Pareto Securities in Dronning Mauds gate 3, 0155 Oslo.

DOF Group ASA - Contract extension for Skandi Africa

DOF Subsea is pleased to announce an agreement for the extension for the vessel Skandi Africa. The new commitment will now run until May 2028 and will commence in direct continuation with the current commitment. Skandi Africa is a high-end subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations. DOF Subsea CEO, Mons S. Aase, stated, “Skandi Africa is the most sophisticated vessel in our fleet and we are looking forward to continuing the journey, delivering successful installation campaigns.” For further information, please contact:

DOF Group announces awarded contract for Skandi Açu with Petrobras

DOF is pleased to announce a new long-term contract with Petrobras out of the last pipelay support vessel (PLSV) tender and an extension of the current contract for the PLSV Skandi Açu. The existing contract has been extended to mid-2026. This extension will be followed by the new 3-year contract ending mid-2029. We are also pleased to advise that PLSV Skandi Buzios went back on-hire to Petrobras on August 1st, 2024. Both vessels are owned by Techdof AS, a joint venture between DOF Subsea (50%) and TechnipFMC (50%). Mons S. Aase, CEO DOF Group ASA, said, “We are pleased to announce

Invitation to presentation of Q2 2024 results

DOF Group ASA will release the Q2 results on Wednesday 21st of August 2024. The report will be available at www.dof.com and www.newsweb.no. The presentation of the quarterly results will be held on “Vestland på Børs”, Scandic Flesland Airport Hotel at 10:45 CEST, and as a webcast at 14:00 CEST the same day on: http://www.dof.com/webcast. The presentation will be held by CEO Mons S. Aase and CFO Hilde Drønen. For further information, please contact: CEO Mons Aase,     Tel + 47 91 66 10 12CFO Hilde Drønen, Tel + 47 91 66 10 09

DOF GROUP ASA - Extraordinary General Meeting

Austevoll, 26 July 2024: Reference is made to the stock exchange announcement made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 2 July 2024 regarding an agreement to acquire Maersk Supply Service A/S (the "Transaction"), and on 5 July 2024 regarding an extraordinary general meeting to be held on 26 July 2024 (the "EGM"). The EGM was held today as a digital meeting with online participation. All proposals on the agenda were adopted, cf. the notice of the EGM that was published on 5 July 2024. The EGM elected two new board members: Erik Bergöö as the vice chairperson of the

DOF GROUP ASA - Recommendation of the nomination committee for the Extraordinary General Meeting on 26 July 2026

Austevoll, 22 July 2024: Reference is made to the stock exchange announcement made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 2 July 2024 regarding an agreement to acquire Maersk Supply Service A/S (the "Transaction"), and on 5 July 2024 regarding the extraordinary general meeting to be held on 26 July 2024 (the "EGM"). The nomination committee of the Company has submitted its recommendation to the EGM. Subject to the Transaction being completed, the nomination committee of the Company has proposed to elect two new members to the board of directors, based on a proposal

DOFG: Disclosure of voting rights at extraordinary general meeting

In connection with the extraordinary general meeting of DOF Group ASA (the "Company") to be held on 26 July 2024, Svein Harald Øygard, in his capacity as chair of the board of directors of the Company, has received proxies without voting instructions for 9,570,874 shares, representing 5.18% of the total number of shares and votes in the Company. The proxies received include 716 026 shares, representing 0.388% of the total number of shares and votes in the Company, held by Energy Investors AS, a close associate of Svein Harald Øygard. The proxies are only valid for the extraordinary general

DOF Group awarded multiple contracts in Brazil

DOF is pleased to announce multiple contract awards with Petrobras and a 1st Tier EPCI-SURF Contractor in Brazil. AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras to operate as AHTS 230t BP after the same competitive tender process earlier this year that led to the contract of Skandi Amazonas, Skandi Rio and Skandi Botafogo. Both Skandi Jupiter and Skandi Mercury are currently operating in the North Sea region and are planned to be mobilized to Brazil after modifications to comply with Petrobras requirements. Both

DOF Group ASA: Registration of new share capital

Austevoll, 9 July 2024: Reference is made to the stock exchange announcement made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 3 July 2024 regarding the successful placement of 10,746,364 new shares in the Company (the "Private Placement"), as well as the resolution by the board of directors to increase the Company's share capital with NOK 20,149,432.50 by the issuance of 8,059,773 new shares in connection with the settlement of tranche 1 of the Private Placement ("Tranche 1"). The share capital increase pertaining to the issuance of 8,059,773 new shares in Tranche 1 has

Notice of extraordinary general meeting DOF Group ASA

An extraordinary general meeting of DOF Group ASA will be held on Friday 26th of July 2024 at 12:00 CEST. The general meeting will be held digitally through Lumi. It will not be possible to attend in person. Registration of attendance must be received no later than 24th July 2024 at 12:00 CEST. For digital participation, please use the link https://dnb.lumiagm.com/134294631.  Reference and PIN codes to the meeting are available on VPS Investor Services, or in the form attached to the notice to the individual shareholder. Shareholders may vote in advance, or submit a proxy, with or

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