Solstad Maritime Holding AS: Share capital increase registered

19 Jun 2024 18:48 CEST

Skudeneshavn, June 19, 2024 - Reference is made to the stock exchange
announcement published by Solstad Offshore ASA ("SOFF") on 12 June 2024
regarding the successful offering of 63,497,303 new shares in Solstad Maritime
Holding AS ("SMH")(the "Offering").

The registration of the share capital relating to the Offering has been
completed with the Norwegian Register of Business Enterprises. SMH's new
registered share capital is NOK 93,071,711 divided into 465,358,555 shares, each
with a nominal value of NOK 0.20. Each share represents one vote in SMH's
general meeting.

The shares are expected to be issued and registered in the Norwegian Central
Securities Depository ("VPS") and delivered to investors on or about 24 June
2024.

The shares in SMH are linked to SOFF's shares, cf. the Market Abuse Regulation
article 19.

For further information, please contact:

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 90 75 94 89

Pareto Securities AS, at +47 22 87 87 50

Solstad Maritime Holding AS (www.solstad.com/solstad-maritime)

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