Sale of PSV Energy Empress

23 Jan 2026 15:31 CET

Ålesund 23.01.2026

Reference is made to the stock exchange announcement by Golden Energy Offshore
Services ASA (the "Company") on 12 December 2025 where the Company informed of
its commitment to a near-term sale of vessels, subject to market conditions.

The Company is pleased to announce that its subsidiary Energy Empress AS has
today signed a binding sales agreement for the MPSV Energy Empress. The
agreement is based on the industry standard Saleform 2012 form and subject to
ordinary conditions for payment upon delivery.

The gross sales price for MPSV Energy Empress is agreed at USD 30 million
(approximately NOK 300 million) and the sale is expected to be completed during
February 2026. Upon completion, the transaction will result in a booked gain of
approximately USD 14.4 million and is expected to generate net proceeds after
repayment of the lease, break fees and transaction costs of approximately USD 14
million (approximately NOK 140 million).

The agreement reconfirms the value of the Company’s modern quality fleet.

For further information, please contact:

Per Ivar Fagervoll
pif@geoff.no
Mobile: + 47 974 28 884

***
This information is considered to include inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Per Ivar Fagervoll, CEO, on 23 January 2026 2025,
at 15:30 (CET).

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