DOF Group ASA - Registration of share capital increase

01 Nov 2024 16:40 CET

Austevoll, 1 November 2024: Reference is made to the stock exchange announcement
made by DOF Group ASA ("DOF" or the "Company") today, on 1 November 2024, in
which it was announced that the board of directors of the Company had resolved
to issue 58,883,073 consideration shares (the "Consideration Shares") and
2,686,591 new shares (the "New Shares") to Maersk Supply Service Holding ApS
("MSSH"), based on the authorisation granted by the extraordinary general
meeting of the Company on 26 July 2024.

The share capital increase pertaining to the issuance of the Consideration
Shares and the New Shares has today been registered with the Norwegian Register
of Business Enterprises (Nw. Foretaksregisteret). The Consideration Shares and
the New Shares will be issued on a separate ISIN number pending approval and
publication of the listing prospectus for such shares, which is expected to take
place next week.

Following the share capital increase, the Company's share capital is NOK
615,696,637.50, divided into 246,278,655 shares, each with a nominal value of
NOK 2.5.

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

For further information, please contact:

Martin Lundberg, SVP Finance DOF Group ASA

Phone: +47 91 62 10 57

E-mail: martin.lundberg@dof.com

Eirik Vardøy, Investor Relations DOF Group ASA

Phone: +47 94 83 64 64

E-mail: eirik.vardoy@dof.com

About DOF Group ASA:

With a multi-national workforce of more than 5,000 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.

More information:
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