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Regulatory press release

EIOF - Eidesvik Offshore ASA appoints Helga Cotgrove as CEO

Eidesvik Offshore
The Board of Eidesvik Offshore ASA ("Eidesvik") is pleased to announce that
current interim CEO Helga Cotgrove today will take the role as CEO of the
company.

"The Board is very pleased that Helga Cotgrove has accepted the position. She
has extensive experience within the industry and has been the CFO of the company
for two years. We have conducted a thorough search process and it is clear to us
that Cotgrove is the best suited to lead the company going forward" says Arne
Austreid, Chairman of the Board.

"I am looking forward to continuing the journey with Eidesvik and its talented
team. We have made substantial progress the last two years growing the business
and improving margins, investing in additional tonnage, and refinancing the
company creating a very strong balance sheet. I am exited to take part in
building and growing the company further" says Helga Cotgrove.


Bømlo, 28 November 2024


Contacts:
Chairman of the Board Arne Austreid (+47 900 77 334)
CEO Helga Cotgrove (+47 907 35 246)


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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