Floatel International: Q1 2024 Interim report and audiocast on May 30, 2024

17 May 2024 09:08 CEST

Oslo, May 17, 2023

Floatel International Ltd (“Floatel”) will release its first quarter 2024
interim report on May 30, 2024. The report and the related presentation will be
published on www.newsweb.no and on Floatel’s website
https://floatel.no/investors.

Management will host a conference call on the same day, at 15.00 CEST to present
the results. Interested persons can register using the details provided on our
website https://floatel.no/investors. 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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