Haven has been on contract with TotalEnergies DK during the entire quarter and provided 100% uptime. 
In February 2022, MUSD 102.3 of the outstanding senior bond was converted to equity. Following the conversion, Jacktel has a strong balance sheet with an equity ratio of around 50 %.

The operating income for Q1 amounts to 4.9 MUSD. 
Operating expenses equalled 3.2 MUSD. 
This resulted in an EBITDA of 1.7 MUSD and an operating loss of 1.1 MUSD. 
Financial expenses for the first quarter equalled 4.7 MUSD. 
Net loss for the first quarter amounts to 5.8 MUSD.

For further information, please contact: 

Bjørn Eie Henriksen 
CEO 
Macro Offshore Management AS 
Tel: +47 94 13 04 32 
E-mail:bjorn.henriksen@macro-offshore.com 

Daniel Samuelsen
CFO 
Macro Offshore Management AS 
Tel: +47 91 75 83 01 
E-mail:daniel.samuelsen@macro-offshore.com