DOF ASA – MINUTES FROM THE EXTRAORDINARY GENERAL MEETING

14 Dec 2022 14:17 CET

Reference is made to DOF ASA's previous announcements on 23 November 2022 and 9
December 2022, regarding the Notice of the Extraordinary General Meeting to
consider the proposal from Bjarte Brønmo and Sans Invest AS to elect a new Board
in DOF ASA.

The Extraordinary General Meeting of DOF ASA was held today on 14 December 2022
at 12:00 CET. A copy of the minutes from the Extraordinary General Meeting are
attached to this notice.

The new Chair of DOF ASA's Board of Directors, Leif Salomonsen states the
following: "The Board of directors will start work immediately. Task number one
is to get a complete overview of the work which has been done so far, the plans
that are in place, and then gradually form an opinion on how to proceed. As part
of this, the Board will work closely with the company’s management, its
creditors and other stakeholders that are central to the company’s future."

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.

The stock exchange announcement was published by Hilde Drønen, CFO, DOF ASA.


About DOF Subsea:

The DOF Subsea Group is a specialist subsea service business that provides
subsea construction, subsea engineering, inspection, repair and maintenance and
survey services, which involve complex and challenging engineering in an
international environment.

DOF Subsea owns a large fleet of modern subsea construction, intervention and
survey vessels that enable it to offer differentiated positions with its clients
and work in long term relationships, which enhance service delivery and reduce
the overall risk.

The company’s core business is project management, engineering, vessel
operations, survey, remote intervention and diving operations, primarily for the
Offshore Energy, Marine Telecommunications and Renewables markets.

www.dofsubsea.com

More information:
Access the news on Oslo Bors NewsWeb site

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