Oslo, Norway, 1 December 2023 

Standard Supply AS (Standard Supply, OSE: STSU) is pleased to report an en bloc
sale of the four mid-sized PSVs FS Kristiansand, FS Braemar, FS Abergeldie and
FS Crathes for USD 34 million. The vessels are owned by Northern Supply AS,
where Standard Supply has an ownership of 51%. 

The transaction is subject to certain corporate resolutions in Northern Supply
AS and agreements thereto, expected to be completed by the end of December 2023.

ENDS

For further information, please contact: 
CEO Espen L. Fjermestad at +47 95 20 44 93
Chairman of the Board Martin Nes at +47 92 01 48 14