Successful placement of senior unsecured bonds

03 Mar 2026 15:33 CET

3.3.2026 15:33:23 CET | 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 NOK 1,251 million, carrying a coupon of 3m
NIBOR + 285bps 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.

In conjunction with the new bond issue, Ocean Yield has repurchased NOK 366
million of outstanding bonds with ticker OCY09 (ISIN: NO0013013813). Ocean Yield
now holds NOK 366 million in OCY09 where the total nominal outstanding amount is
NOK 1,050 million.

Arctic Securities, Danske Bank, DNB Carnegie, and SEB acted as Joint Lead
Managers 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 Frankfurt Stock Exchange (Open Market) and 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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