Group 1 - Golden Ocean Group (NASDAQ: GOGL) operates a fleet of over 80 ships, positioning itself strategically within the global trade landscape [1] - The company's business model is centered around raising rates in the Baltic Dry Index, which is a key indicator of shipping costs and demand [1]

Core Points - Golden Ocean Group Limited will hold a Special General Meeting on August 19, 2025 [1] - The record date for voting at the Special General Meeting is set for July 16, 2025 [1] - Notice and associated information regarding the Special General Meeting will be available on the Company's website prior to the meeting [1][2]

Group 1 - CMB.TECH has identified a bank syndicate to refinance all or parts of the outstanding debt in Golden Ocean Group Limited [1] - A $2,000 million facilities agreement has been signed, which includes a term loan facility of up to $1,250 million and a revolving credit facility of up to $750 million [2] - The term loan facility is expected to be drawn during the second and third quarters of 2025 [3] Group 2 - The facilities agreement will become available following the completion of the planned merger between Golden Ocean and CMB.TECH, expected in Q3 2025 [2] - Golden Ocean acts as the borrower while CMB.TECH serves as the parent guarantor [2]

Core Insights - Golden Ocean Group Ltd has released its seventh annual ESG Report for the fiscal year 2024, prepared in accordance with the Marine Transportation framework by the Sustainability Accounting Standards Board (SASB) and referencing the Global Reporting Initiative (GRI) Standards [1] - The company has achieved an 11.7% reduction in CII emissions compared to the baseline year of 2019, exceeding its 2024 trajectory and remaining on track for a targeted reduction of 15% by 2026, 30% by 2030, and net zero by 2050 [2] ESG Report Details - The 2024 ESG Report covers the company's ESG performance in operations and value chain, along with management of material sustainability matters [1] - The report is available on the company's website for further details [2]

Core Viewpoint - Golden Ocean Group Limited will begin trading ex-dividend of USD 0.05 starting today for the first quarter of 2025 dividend, which is scheduled to be paid on or about June 17, 2025 [1] Group 1 - The dividend payment is related to the first quarter of 2025 [1] - Due to the implementation of CSDR in Norway, dividends for shares registered with Euronext VPS are expected to be distributed to Euronext VPS shareholders on or about June 19, 2025 [1] - This announcement is in compliance with the disclosure requirements of the Norwegian Securities Trading Act [1]

Exhibit 99.1 INTERIM FINANCIAL INFORMATION Hamilton, Bermuda, May 21, 2025 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2025. Highlights Peder Simonsen, Chief Executive Officer and Chief Financial Officer, commented: "Our first quarter results reflect a weaker market environment, with softer charter rates and lower trading activity impac ...

Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2025 results for today's webcast / conference call at 15:00 pm CEST/09:00 am EDT. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2025 Webcast (https://edge.media- server.com/mmc/p/bfhcazxk) Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q1 2025 Conference Call (https://register- ...

Dividend Information - The dividend amount declared by Golden Ocean Group Limited for the first quarter of 2025 is $0.05 per share [1] - The declared currency for the dividend is USD, while dividends payable to shares registered with Euronext VPS will be distributed in NOK [1] - The last day to include the right to the dividend is June 3, 2025 [1] - The ex-date for the dividend is June 4, 2025 [1] - The record date for the dividend is June 5, 2025 [1] - The payment date for the dividend is expected to be on or about June 17, 2025, with distribution to Euronext VPS shareholders anticipated on or about June 19, 2025, due to the implementation of CSDR in Norway [1] Approval Information - The date of approval for the dividend was May 21, 2025 [2] - This information is published in accordance with the requirements of the Continuing Obligations [2]

Core Viewpoint - Golden Ocean Group Limited reported a significant decline in financial performance for the first quarter of 2025, attributed to a weaker market environment, lower charter rates, and increased drydocking expenses, while maintaining a positive medium-term outlook for the dry bulk shipping industry, particularly in the Capesize segment [3][5]. Financial Performance - The company recorded a net loss of $44.1 million and a loss per share of $0.22 for Q1 2025, compared to a net income of $39.0 million and earnings per share of $0.20 in Q4 2024 [5]. - Adjusted EBITDA for Q1 2025 was $12.7 million, down from $69.9 million in Q4 2024 [5]. - The adjusted net loss for Q1 2025 was $37.5 million, compared to an adjusted net income of $12.7 million in Q4 2024 [5]. - Drydocking expenses totaled $38.4 million in Q1 2025, an increase from $34.3 million in Q4 2024 [5]. Market Conditions - Reported TCE rates for Newcastlemax/Capesize and Kamsarmax/Panamax vessels were $16,827 per day and $10,424 per day, respectively, with an overall fleet TCE rate of $14,409 per day for Q1 2025 [5]. - Estimated TCE rates for Q2 2025 are approximately $19,000 per day for 69% of Newcastlemax/Capesize available days and $11,100 per day for 81% of Kamsarmax/Panamax available days [5]. - For Q3 2025, estimated TCE rates are projected at $20,900 per day for 12% of Newcastlemax/Capesize available days and $12,900 per day for 38% of Kamsarmax/Panamax available days [5]. Strategic Developments - The company is pursuing a stock-for-stock merger with CMB.TECH NV, with a term sheet already entered [5]. - Agreements were made in March and April 2025 to sell two Kamsarmax vessels for net considerations of $15.8 million and $16.8 million, respectively [5]. - A cash dividend of $0.05 per share for Q1 2025 has been announced, payable on or about June 17, 2025, to shareholders of record on June 5, 2025 [5].

Financial Results Announcement - Golden Ocean Group Limited will publish its financial results for the first quarter of 2025 on May 21, 2025 [1] - A conference call and webcast will be held on the same day at 3:00 P.M. CET (9:00 A.M. New York Time) [1] Conference Call and Webcast Details - The presentation will be available for download from the Investor Relations section of the Company's website prior to the conference call/webcast [1] - Participants can listen to the presentation via webcast or conference call, with registration required for the latter [2] - A Q&A session will follow the conference call/webcast, with instructions for submitting questions provided at the beginning of the session [2] Regulatory Compliance - The information is subject to the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act [3]