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Regulatory press release

SEA1: Vessel management

Sea1 Offshore
Sea1 Offshore today announces that it intends to sign management agreements for
six AHTS vessels owned by the Viking Supply Ships AB (publ.) group. The transfer
of the vessel management to Sea1 Offshore is intended to be completed during the
course of October 2024 and is subject to final documentation. The initiative is
expected to result in substantial cost optimizing effects to the benefit of all
shareholders.

For further information, please contact:
Bernt Omdal, Chief Executive Officer, Sea1 Offshore Inc. Phone +47 915 22 299
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