Prosafe enters agreement to sell Safe Scandinavia for recycling

25 March 2025 – Prosafe SE, through a wholly owned subsidiary, has entered into an agreement to sell for recycling its 1984 built, anchor moored semi- submersible tender support and accommodation vessel ‘Safe Scandinavia’. The Safe Scandinavia is presently located in Norway and has been in cold layup for over 6 years.

A condition of the recycling is full compliance with all relevant conventions and regulations, with the vessel expected to be delivered within Q2 2025.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com

For further information, please contact:
Terje Askvig, CEO Phone: +47 952 03 886
Reese McNeel, CFO Phone: +47 415 08 186

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Line Bliksmark, Marketing and Communications Manager, on March 25(th), 2025, at approx.09:03 CET.’