Solstad Offshore ASA - Contract Awards in Brazil

04 Jun 2025 08:55 CEST

Skudeneshavn, 04 June 2025

With reference to the stock exchange notice dated April 30, 2025, announcing
contract awards with Petrobras for two Anchor Handling Tug Supply vessels (AHTS)
owned by Solstad Maritime ASA (SOMA), subject to Board approval:

Solstad Offshore ASA (SOFF) is pleased to confirm that the subjects are now
lifted and the AHTS vessels "Normand Sigma" and "Normand Sirius" have been
allocated to the contracts.

The contracts, which will commence in Q1 2026, each have a duration of four
years and a combined gross value of approximately USD 210 million.

The vessels will be on bareboat contracts from SOMA to SOFF, which is the
contract holder with Petrobras.

Solstad Offshore ASA holds 27,3% of the shares in Solstad Maritime ASA

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Contacts:
Lars Peder Solstad, CEO: +47 91 31 85 85
Kjetil Ramstad, CFO: +47 90 75 94 89
Solstad Offshore ASA
http://www.solstad.com

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