Prosafe SE: Operational update – December 2025

Fleet Utilization - Fleet utilization for December 2025 was 100% with vessels in Brazil, including Safe Eurus, Safe Notos, and Safe Zephyrus, operating at near 100% commercial uptime [1] Contractual Agreements - Safe Caledonia maintained 100% commercial uptime at the Captain Field in the UK and is contracted until 22 February 2026, with a Letter of Intent (LoI) from Ithaca Energy for an additional 6 months firm and 3 months of options starting in Q2 2027 [2] - Safe Boreas has received full day rate from 15 December and is awaiting the start of a 15-month firm period, expected to commence in Q1 2026 [2] Operational Strategy - The company emphasizes consistent high gangway uptime and safe operations across its fleet, aligning with its strategy to provide world-class offshore accommodation services [3] - The CEO of Prosafe highlighted a focus on capturing strong market opportunities by extending backlog at higher day rates and achieving operational efficiencies to drive revenue and EBITDA growth [4] Company Overview - Prosafe is a leading owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange under the ticker code PRS [5]