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Regulatory press release

SOFF: Contract Award for "Normand Subsea"

Solstad Offshore
Solstad Offshore ASA ("Solstad") is pleased to announce a contract award with
Subsea7 for the subsea construction vessel "Normand Subsea".

The duration of the contract is 2-year firm and 3 yearly options with
commencement 1 January 2026.

"Normand Subsea" is a versatile IMR vessel that has been on contract to Subsea7
since 2009.

"Normand Subsea" is owned by Solstad Maritime Holding AS, in which Solstad
Offshore ASA holds 27,3%.

Skudeneshavn, March 19, 2025

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA

www.solstad.com
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