Group 1 - The CEO of Prosafe, Terje Askvig, will resign effective September 1, 2025, with Reese McNeel appointed as interim CEO and CFO [1][2] - Carey Lowe, the Chair of the Board, will serve as executive chairman during the transition period [1] - The Board has initiated a process to appoint a permanent CEO [1] Group 2 - Terje Askvig is credited with leading Prosafe through a challenging financial restructuring, leaving the company as a leading provider of floating accommodation vessels and Units for Maintenance and Safety (UMS) [2] - Prosafe is a prominent owner and operator of semi-submersible accommodation vessels and is listed on the Oslo Stock Exchange under the ticker code PRS [2]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 11 August 2025 regarding commencement of the exercise period (the "Exercise Period") f ...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 11 August 2025 regarding commencement of the exercise period (the "Exercise Period") fo ...

Group 1 - Fleet utilization for July 2025 was reported at 79% [1] - In Brazil, the vessels Safe Eurus, Safe Notos, and Safe Zephyrus achieved 99% commercial uptime in July [1] - Safe Caledonia operated at 100% commercial uptime at the Captain Field in the UK during the same period [1] Group 2 - Safe Boreas is currently in Singapore in preparation for an upcoming contract in Australia [1] - Prosafe is a leading owner and operator of semi-submersible accommodation vessels [2] - The company is listed on the Oslo Stock Exchange under the ticker code PRS [2]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 23 July 2025 regarding commencement of the subscription period (the "Subscription Peri ...

Company Information - Prosafe SE is a leading owner and operator of semi-submersible accommodation vessels [1] - The company is listed on the Oslo Stock Exchange with the ticker code PRS [1] Annual General Meeting (AGM) Details - The Annual General Meeting of Prosafe SE will be held on 21 May 2025 at 08.30 a.m. CEST [1] - The meeting will be arranged virtually through Lumi, and all relevant documents will be available online [1] - Attendance and proxy forms are attached to the notice of the meeting [1] Contact Information - For further inquiries, the CEO Terje Askvig and CFO Reese McNeel can be contacted via their provided phone numbers [2]