DOF GROUP ASA - Recommendation of the nomination committee for the Extraordinary General Meeting on 26 July 2026

22 Jul 2024 13:33 CEST

Austevoll, 22 July 2024: Reference is made to the stock exchange announcement
made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 2 July 2024
regarding an agreement to acquire Maersk Supply Service A/S (the "Transaction"),
and on 5 July 2024 regarding the extraordinary general meeting to be held on 26
July 2024 (the "EGM").

The nomination committee of the Company has submitted its recommendation to the
EGM. Subject to the Transaction being completed, the nomination committee of the
Company has proposed to elect two new members to the board of directors, based
on a proposal from Maersk Supply Services Holding ApS. The following board
members are nominated:

· Erik Bergöö (nominated as vice chairperson of the board).
· Kristin Holth (nominated as new board member).

The new members of the board will, if elected, accede their positions at the
time of completion of the Transaction.

In addition, the nomination committee of the Company has nominated Martin Larsen
as the new chairperson of the nomination committee. The new chairperson of the
nomination committee will, if elected, accede his position at the time of
completion of the Transaction.

The nomination committee's recommendation, including a brief description of the
candidates, is enclosed hereto and will be made available on the Company's
website www.dof.com.

For further information, please contact:

Mons S. Aase, CEO, DOF Group ASA

Phone: + 47 91 66 10 12

E-mail: mons.aase@dof.com

Hilde Drønen, CFO, DOF Group ASA

Phone: + 47 91 66 10 09

E-mail: hilde.dronen@dof.com

About DOF Group ASA:
With a multi-national workforce of about 4,100 personnel, DOF Group ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology,
and capacity. DOF's core businesses are vessel ownership, vessel management,
project management, engineering, vessel operations, intervention, and diving
operations primarily for the oil and gas sector. From PSV charter to Subsea
engineering, DOF offers a full spectrum of top quality offshore services to
facilitate an ever-growing and demanding industry. The Company's main operation
centers and business units are located in Norway, the UK, the USA, Singapore,
Brazil, Argentina, Canada, Angola, and Australia.

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623943_Valgkomiteens_innstilling_DOF_Group_ASA_EGF_26_07_2024_Exe_copy_210724_signed.pdf