Oslo, Norway, December 12 2023

Reference is made to the stock exchange release on November 14th 2023 regarding
the sale of Standard Viking, Standard Supplier and Standard Defender for gross
USD 72.2 million. 

Standard Supply AS has now completed the sale of Standard Viking and Standard
Defender. The sale of Standard Supplier is expected to be completed mid- January
2024.

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