Sale of vessel

Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, have sold
the PSV Normand Corona. Delivery of the vessel to the new owner took place
today, June 14th, 2022.

The sale of the vessel will result in a minor positive accounting effect to be
reflected in 2Q 2022.

Skudeneshavn, June 14th, 2022

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