BW Offshore: Dividend Shares

10 Mar 2023 15:00 CET

Dividend Shares

Reference is made to the announcement on 28 February 2023, whereby BW Offshore
Limited ("BW Offshore") announced information relating to dividend payments.

Based on our shareholder records as of 3 March 2023, a total of 1,697,868 BW
Energy Limited shares will be prepared for distribution today to eligible BW
Offshore shareholders, reducing BW Offshore's ownership in BW Energy Limited
from 25.42% to 24.76%.

This information is published in accordance with the requirements of the
Continuing Obligations.

IR@bwoffshore.com (mailto:IR@bwoffshore.com)   www.bwoffshore.com
(http://www.bwoffshore.com)

About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has
a fleet of 10 FPSOs with potential and ambition to grow. By leveraging four
decades of offshore operations and project execution, the Company creates
tailored offshore energy solutions for evolving markets world-wide. BW Offshore
has around 2,000 employees and is publicly listed on the Oslo stock exchange.

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

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