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Regulatory press release

AMSC ASA - Ex-dividend today

AMSC
Lysaker, 24 October 2023 - Reference is made to the Company announcement on 19
October 2023 regarding the Board's authorization to pay an additional dividend
of USD 2.366 per share to the shareholders of AMSC on record as of 25 October
2023.  The shares in AMSC ASA will be traded ex dividend USD 2.366 per share as
from today, 24 October 2023.  The NOK amount per share will be 26.19 and will be
paid on or about 1 November 2023.  The additional dividend is classified as a
regular dividend.

*****

About AMSC ASA:

Established in 2005 and listed on the Euronext Oslo Stock Exchange (ticker
AMSC), AMSC is a yield driven maritime investment company.  The Company has an
ambition to pay attractive dividends to its shareholders. Further information is
available at www.amscasa.com.

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