Contract extension for CSV Normand Pacific

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Solstad Offshore ASA (“Solstad”) is pleased to announce that Prysmian Powerlink Srl (Prysmian) has exercised their option to extend the firm contract for CSV Normand Pacific with two years. The firm period will expire on the December 31st 2021. In addition, Prysmian has the option to extend the contract with 3 years beyond the firm period.

The Normand Pacific has been on charter with Prysmian since August 2016.

Skudeneshavn September 3rd, 2019

Lars Peder Solstad CEO, at +47 91 31 85 85
Anders Hall Jomaas CFO, at +47 40 04 29 18

Solstad Offshore ASA

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