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 not participate, Cross Ocean has passively crossed below the 5% threshold. Cross Ocean has an aggregated holding corresponding to 4.39% of the total share capital and voting rights in DOF following registration of the share capital increases pertaining to the Transactions.

Cross Ocean Adviser LLP acting for and on behalf of itself, its affiliates and the funds that it and they advise and sub-advise is the disclosing party on an aggregated level. The shares are held Cross Ocean AGG II Sarl acting for and on behalf of its compartment 12, Cross Ocean ESS III S.à r.l., Cross Ocean ESS IV S.à r.l., Cross Ocean SIF ESS (K) S.à r.l.,  Cross Ocean GSS Lux Holdings, S.à r.l.,  Cross Ocean Global SIF (A) S.à r.l., and Cross Ocean SIF (H) LP which are managed, advised, and sub-advised by Cross Ocean Adviser LLP and Cross Ocean Partners Management LP respectively.

Cross Ocean, to our knowledge, is not ultimately controlled by any natural person or legal entity and has no rights to further shares or votes in DOF.

This information is subject to the disclosure requirements set out in section 4-4, cf. section 4 2, of the Norwegian Securities Trading Act.