Successful placement of senior unsecured bonds

21 Aug 2025 16:08 CEST

21.8.2025 16:08:31 CEST | Ocean Yield | Additional regulated information
required to be disclosed under the laws of a member state

Ocean Yield AS ("Ocean Yield" or the "Company") has today successfully completed
a new senior unsecured bond issue of USD 150 million, carrying a coupon of SOFR
+ 325bps p.a. with quarterly interest payments. The bond issue attracted strong
interest and was well oversubscribed.

The net proceeds from the bond issue will be applied towards refinancing of
outstanding debt, to facilitate growth, and for general corporate purposes.

Arctic Securities and Nordea acted as Global Coordinators together with Danske
Bank and DNB Carnegie as Joint Bookrunners in connection with the placement of
the new bond issue. BAHR acted as legal advisor to the Company. An application
will be made for the bonds to be listed on Oslo Børs.

DISCLOSURE REGULATION

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

CONTACTS

* Andreas Røde, Chief Executive Officer, +47 98 22 85 62
* Eirik Eide, Chief Financial Officer, +47 950 08 921
* Karl Fredrik Schjøtt-Pedersen, Senior Vice President, +47 951 32 335

ABOUT OCEAN YIELD

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.

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