GOGL - Transactions made under the buy-back programme

05 Dec 2022 08:00 CET

Reference is made to the stock announcement on October 4, 2022, where Golden
Ocean Group Limited (OSE/NASDAQ: GOGL) announced the commencement of its share
buy-back programme of maximum USD 100 million to purchase up to an aggregate of
10,000,000 of the company's common shares in a 12 months period from the
announcement.

Golden Ocean Group Limited ("GOGL" or the "Company") announces that the Company
has on December 2, 2022, purchased 250,000 of the Company's own common stocks.
100,000 of the shares have been bought on the Oslo Stock Exchange at an average
price of NOK 79.37 per share and 150,000 of the shares have been bought on
Nasdaq at an average price of USD 8.20 per share. Following the completion of
the above transactions, GOGL owns a total of 555,000 of own shares,
corresponding to 0.28% of the Company's share capital.

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned date is attached to this report and
available at www.newsweb.no.

December 5, 2022
Hamilton, Bermuda

For more info please contact:

Peder Simonsen, Chief Financial Officer of Golden Ocean Management AS.
Telephone +47 23 11 40 00

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

Forward-looking statements: This release and any materials distributed in
connection with this release may contain certain forward-looking statements. By
their nature, forward-looking statements involve risk and uncertainty because
they reflect the Company's current expectations and assumptions as to future
events and circumstances that may not prove accurate. A number of material
factors could cause actual results and developments to differ materially from
those expressed or implied by these forward-looking statements.

More information:
Access the news on Oslo Bors NewsWeb site

577353_Week 48 overview.pdf
577353_GOGL buyback Dec 2 NASDAQ.pdf
577353_GOGL buyback Dec 2 Oslo Stock Exchange.pdf