Prosafe SE: Annual General Meeting held

Pursuant to the Notice of 16 April 2020, the Annual General Meeting of Prosafe
SE was held today, 7 May 2020.

The Annual General Meeting resolved to approve all matters as proposed in the
Notice. The minutes from the Annual General Meeting can be downloaded in English
and in Norwegian from www.newsweb.no (http://www.newsweb.no) and www.prosafe.com
(http://www.prosafe.com)

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com)

7 May 2020
Prosafe SE

For further information, please contact:

Glen Ole Rødland, Chairman of Prosafe SE
Phone: +47 907 41 662

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

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