Sale of vessel

Farstad Supply AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Far Splendour. Delivery of the vessel to the new owner took place today May 10^th, 2021.

The sale of the vessel will result in an immaterial accounting effect for Q2-2021.

Skudeneshavn, May 10^th, 2021

Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA
www.solstad.com