Sale of vessel

Solstad Offshore Singapore Pte. Ltd, a wholly owned subsidiary of Solstad
Offshore ASA, has sold the AHTS Nor Tigerfish. Delivery of the vessel to the new
owner took place today August 25[th], 2021.

The sale of the vessel will result in an immaterial accounting effect for Q3
2021.

Skudeneshavn, August 25[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