Ocean GeoLoop ASA: Mandatory notification of trade

Reference is made to the stock exchange announcement published by Ocean GeoLoop
ASA (the "Company") on 8 June 2026 regarding the commencement of the
subscription period for the subsequent offering of up to 4,800,000 new shares in
the Company at a subscription price of NOK 0.50 per share (the "Subsequent
Offering"). 

Non-transferable subscription rights (the "Subscription Rights") were allocated
to Eligible Shareholders in the Company as of 12 May 2026 (as registered with
the VPS on 15 May 2026), as further described in the stock exchange announcement
made on 8 June 2026. Each Subscription Right gives, subject to applicable
securities laws, the right to subscribe for, and be allocated, one new share in
the Subsequent Offering.

Jan Arne Berg, Chief Construction Officer and primary insider of the Company,
has subscribed for 50,000 new shares in the Subsequent Offering. 36,252 of these
shares have been subscribed through the exercise of Subscription Rights and will
as such be allocated to Berg in accordance with the terms of the Subsequent
Offering. The remaining 13,748 shares subscribed constitute over-subscription,
and there can be no assurance that new shares will be allocated for such
over-subscription. 

Please see the attached PDMR form for further information. 

This information is published in accordance with the requirements of the EU
Market Abuse Regulation.
ts of the EU\
Market Abuse Regulation.\