Solstad Maritime ASA - Sale of CSV Normand Clipper

12 Dec 2025 08:00 CET

Skudeneshavn, 12 December 2025

Solstad Maritime ASA ("SOMA") today announces that Global Marine Group, the
current charterer of CSV Normand Clipper (built in 2001), have declared its
purchase option for the vessel.

Delivery of the vessel to the new owner will take place at the end of the firm
contract period on 1 June 2026.

The vessel has supported Global Marine Group's worldwide cable-laying operations
since 2020.

Solstad Maritime will recognize a gain on the sale of approximately USD 10
million to be reflected in the Q2 2026 accounts.

Contacts:

Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Maritime ASA

www.solstad-maritime.com

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