Skudeneshavn, 16 May 2026: Reference is made to the stock exchange announcement
made by Solstad Offshore ASA on 7 May 2026 regarding key information relating to
the Q1 2026 cash dividend. This announcement updates and replaces previous
announcement. The key information regarding the dividend distribution is as
follows:

  · Dividend amount: USD 0.1 per share
  · Declared currency: USD (please note that the dividend will be paid out in
NOK)
  · Last day of trading in the Solstad Offshore ASA share inclusive of the right
to receive the dividend: 19 May 2026
  · Ex-date: 20 May 2026
  · Record date: 21 May 2026
  · Distribution date: On or about 29 May 2026
  · Date of approval: 19 May 2026

Contacts:

Lars Peder Solstad, Chief Executive Officer

+47 91 31 85 85

Kjetil Ramstad, Chief Financial Officer

+47 90 75 94 89

This information is published in accordance with the requirements of the
Euronext Oslo Børs Rule Book II section 4.2.4.
ørs Rule Book II section 4.2.4.\