BW Offshore: Confirms strategic review process

Core Viewpoint - BW Offshore Limited is currently undergoing a limited strategic review of its potential options and has engaged Pareto Securities for assistance in this process [1] Company Overview - BW Offshore specializes in innovative floating production solutions and operates a fleet of Floating Production Storage and Offloading (FPSO) units [2] - The company has a strong ambition to grow, leveraging four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving markets worldwide [2] - BW Offshore employs approximately 900 individuals and is publicly listed on the Oslo stock exchange [2] Regulatory Information - The information disclosed is considered inside information under the EU Market Abuse Regulation and is subject to the disclosure requirements of the Norwegian Securities Trading Act [3] - The stock exchange release was published by Eric Stousland, Manager Corporate Finance & Investor Relations, on 5 December 2025 at 12:15 CET [3]