Asker, 22 April 2024: Reference is made to the stock exchange notice published
by Argeo AS (the "Company" or "Argeo") (Euronext Growth: ARGEO) on 11 April 2024
announcing the final results of the subsequent offering of up to 11,000,000 new
shares in the Company (the "Subsequent Offering").

The share capital increase related to the Subsequent Offering has today been
registered with the Norwegian Register of Business Enterprises. The new share
capital of the Company is NOK 22,208,174.20, divided into 222,081,742 shares,
each with a nominal value of NOK 0.10. 

Disclosure regulation 

This information is subject to a duty of disclosure pursuant to the Company's
continuing obligations as a company listed on Euronext Growth Oslo.

For more information, please contact: 
Trond Figenschou Crantz, CEO Argeo AS 
Email: trond.crantz@argeo.no 
Phone: +47 976 37 273 

About Argeo | www.argeo.no 
Argeo is an Offshore Service company with a mission to transform the ocean
surveying and inspection industry by utilizing autonomous surface and underwater
robotics solutions. Equipped with unique sensors and advanced digital imaging
technology, the Autonomous Underwater Vehicles (AUV's) will significantly
increase efficiency and imaging quality in addition to contributing to
significant reduction in CO2 emissions from operations for the global industry
in which the Company operates. 

The Company's highly accurate digital models and digital twin solutions are
based on geophysical, hydrographic, and geological methods from shallow waters
to the deepest oceans for the market segments Oil & Gas, Renewables, Marine
Minerals and Offshore Installations. Argeo was established in 2017 and has
offices in Asker (Oslo), Tromsø, Stockholm, Houston, and Singapore. Since its
incorporation, Argeo has carried out complex projects for some of Norway's
largest companies in the field.