AMSC ASA (under liquidation) - Ex dividend today

07 May 2025 07:05 CEST

Lysaker, 7 May 2025

Reference is made to the stock exchange announcement by AMSC ASA (under
liquidation) (AMSC) on 6 May 2025 that the conditions for distribution of
dividend-in-kind in the form of 91,422,601 shares in Solstad Maritime ASA
(previously Solstad Maritime Holding AS) (SOMA), as resolved AMSC's annual
general meeting on 24 April 2025, had been satisfied.

The shares in AMSC will be traded ex dividend of 1.272 shares in SOMA per share
held in AMSC (rounded down to the nearest whole number of shares) from today, 7
May 2025. Record date is 8 May 2025. In the event there are shares remaining
after rounding, such shares will be sold by AMSC for cash in the market without
direct compensation to shareholders. Proceeds from such sale will be part of the
final liquidation payment to shareholders.

Further, for shareholders subject to withholding tax, a portion of the dividend
shares will be withheld and sold by AMSC for cash in the market to cover such
tax.

The dividend will be paid (with delivery to VPS accounts) no later than before
start of trading on the first day of listing of SOMA's shares on Euronext Oslo
Børs, which is expected on or about 16 May 2025. The shares in SOMA will be
tradable on Euronext Oslo Børs from the first day of listing of SOMA.

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

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