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Regulatory press release

BONHR: Blåvinge consortium, consisting of Fred. Olsen Seawind and Hafslund will not apply for area on Utsira Nord

Bonheur
Fred. Olsen Seawind and Hafslund have jointly decided not to participate in the
competition for floating offshore wind on Utsira Nord intended for the Norwegian
power market.

Hafslund and Fred. Olsen Seawind consider offshore wind on the Norwegian
continental shelf with connections to other countries as value-creating and will
both collectively and individually monitor further developments.
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