OCEAN: Disclosure of Transactions by a Person Closely Associated with a Person Discharging Managerial Responsibilities (PDMR)

Ocean GeoLoop ASA has been notified that Pia Lande, a person closely associated
with PDMR Ove Lande, has sold 159,000 shares in Ocean GeoLoop ASA.

Following the transaction, Pia Lande holds no shares in Ocean GeoLoop ASA.

Further details of the transaction are set out in the notification form attached
to this announcement. The notification is made in accordance with Article 19 of
the EU Market Abuse Regulation.

For further information, please contact:

Eystein Lund
Tel. +47 906 02 127

This information is subject to the disclosure requirements pursuant to Article
19 of Regulation (EU) No 596/2014 (MAR) and Section 5-12 of the Norwegian
Securities Trading Act.
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