The Director for North-East Asia, Kristian Tørvold is appointed to the role of
CEO to Ocean Sun, while the current CEO and founder, Børge Bjørneklett, leaves
the company.

The Board of Directors of Ocean Sun today announced that Kristian Tørvold is
promoted to CEO effective immediately, replacing the founder, Børge Bjørneklett.


"Under BørgeŽs leadership, Ocean Sun has built a strong patented technology
within floating solar. We would like to thank Børge for his passion and years of
dedication put into building the company, not only as the inventor of all
patents, but also for leading the companyŽs evolution over these important
years, launching several pilots demonstrating the companyŽs technology."

Looking forward, the Board of Directors believe no-one is better positioned than
Kristian Tørvold to lead the company in scaling up. As a member of Ocean SunŽs
management team for 5 years, Kristian has played a leading role in building up
the North-East Asia office before relocating to Norway. His understanding of the
important Asian market, combined with his varied skills in operations and
business development, make him very well qualified for leading Ocean Sun.

About Ocean Sun:
By combining Norwegian maritime expertise and knowledge within photovoltaics,
Ocean Sun has developed an innovation that offers a bold solution to our global
energy needs. The patented technology is based on solar modules resting on
pliable membranes and offers cost and performance benefits not seen in any other
floating PV system today. With offices in Oslo, Singapore and Shanghai, Ocean
Sun aims to become the world's leading technology provider of floating solar.

This message contains inside information pursuant to the European Market Abuse
Regulation. May Kristin Salberg, Chair of the board of directors, is responsible
for the public announcement of this message.