Prosafe SE: Prosafe enters agreement to sell Safe Concordia

18 Feb 2025 16:00 CET

18 February 2025 - Prosafe SE, through a wholly owned subsidiary, has entered
into an agreement to sell to an undisclosed party its 2005-built accommodation,
safety and support semi-submersible vessel Safe Concordia, for a gross price of
USD 5 million before commissions and expenses. The vessel is expected to be
delivered to its new owner upon completion of her current charter obligations,
within a window of March through June 2025. The sale of the vessel is subject to
customary closing conditions and requirements.

For further information, please contact:

Terje Askvig, CEO Phone: +47 952 03 886
Reese McNeel, CFO Phone: +47 415 08 186

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to https://www.prosafe.com
(https://www.prosafe.com/).

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Line Bliksmark, Marketing and Communications
Manager, on February 18(th), 2024, at approx.16:00 CET.

More information:
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