Prospectuses approved for listing of bonds and merger of ISINs

31 Mar 2025 15:52 CEST

Reference is made to the stock exchange notice of 28 February 2025 related to
the successful tap issue of USD 35 million perpetual callable hybrid bond
("OCY10") with Tap Issue Date 7 March 2025 and temporary ISIN NO0013501130 under
the original bond issue with ISIN NO0013177188. The Financial Supervisory
Authority of Norway has on 31 March 2025 approved the prospectus with appendices
covering listing of the additional bonds on the Oslo Stock Exchange.

The Bond Trustee has now been informed that the Tap Issue has been approved by
the Financial Supervisory Authority of Norway. The bonds in the temporary ISIN
(NO0013501130) for the Tap Issue will therefore now be merged with the original
ISIN (NO0013177188) for this Bond Issue.

ISIN NO0013177188 shall be the surviving ISINs and the settlement for the merger
will have record date on 1 April 2025 and settlement date for merger on 3 April
2025.

Further,

Reference is made to the stock exchange notice of 3 March 2025 related to the
successful tap issue of NOK 300 million senior unsecured bond issue due 19
September 2028 ("OCY09") with Tap Issue Date 10 March 2025 and temporary ISIN
NO0013501767 under the original bond issue with ISIN NO0013013813. The Financial
Supervisory Authority of Norway has on 31 March 2025 approved the prospectus
with appendices covering listing of the additional bonds on the Oslo Stock
Exchange.

The Bond Trustee has now been informed that the Tap Issue has been approved by
the Financial Supervisory Authority of Norway. The bonds in the temporary ISIN
(NO0013501767) for the Tap Issue will therefore now be merged with the original
ISIN (NO0013013813) for this Bond Issue.

ISIN NO0013013813 shall be the surviving ISINs and the settlement for the merger
will have record date on 1 April 2025 and settlement date for merger on 3 April
2025.

The prospectuses are available on the company's website:
https://www.oceanyield.no/investor-relations/bonds

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

Company contacts:

Andreas Røde (CEO), Tel +47 98 22 85 62

Eirik Eide (CFO), Tel +47 95 00 89 21

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 95 13
23 35

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

More information:
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