(Oslo, Norway, 16 May 2024)

Please find enclosed the first quarter report for Standard Supply AS (Standard
Supply, OSE:STSU). At quarter end the Company held cash of USD 5.2 million and
will continue to evaluate opportunities to maximize the remaining value of the
Company. 

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

standard-supply.com