Sale of vessel

Farstad Supply AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold
the AHTS Far Scout.  Delivery of the vessel to the new owner took place today,
December 17th, 2021.

The sale of the vessel will result in an immaterial accounting effect for Q4
2021.

Skudeneshavn, December 17th, 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