Floatel International: Q4 2023 interim report and audiocast on February 27, 2024

05 Feb 2024 09:57 CET

Oslo February 5, 2024

Floatel International Ltd (“Floatel”) will release its fourth quarter 2023
interim report on February 27, 2024. The report and the related presentation
will be published on www.newsweb.no and on Floatel’s website www.floatel.no.

Management will host a conference call on the same day, at 1430 CET to present
the results. Interested persons can register using the details provided on the
website. A replay will be available for one month following the presentation by
using the link provided on the website after the conference call.

For further information, please contact:
Peter Jacobsson, CEO
Tel: +47 46 50 01 33; Mob: +47 934 00 232
Tomas Hjelmstierna, CFO
Tel: +47 46 50 01 33; Mob: +47 934 00 381


INFORMATION ABOUT FLOATEL INTERNATIONAL LTD

Floatel International Ltd was established in 2006 to satisfy market demand for a
new generation of offshore flotels. The Company's vision is to own and operate a
modern, safe, and reliable flotel fleet. The Company has since 2021 its
principal place of business in Norway.

Floatel Group employs some 450 people internationally, including offshore
personnel.

Floatel International Group owns and operates five semisubmersible accommodation
vessels, and all vessels were delivered within the period 2010 to 2016. Two
vessels, Floatel Endurance and Floatel Superior are approved to operate in the
Norwegian sector, and four vessels including Floatel Endurance and Floatel
Superior, are approved for the UK sector.

All vessels are equipped with a dynamic positioning system and are built
according to the latest HSE requirements providing quality and comfort for the
guests onboard. The accommodation capacity of the Floatel fleet ranges from 440
beds to 560 beds. All vessels are equipped with large deck areas, workshops, and
crane support, able to assist complicated offshore hook-up projects and
maintenance and modifications of existing offshore facilities.

For further information about Floatel International Group, please visit our
website: https://floatel.no/

More information:
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