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DOF ASA: EXTRAORDINARY GENERAL MEETING VOTED AGAINST THE PROPOSED CONSENSUAL RESTRUCTURING

Reference is made to the notice of the extraordinary general meeting (the "EGM") in DOF ASA ("DOF" and together with its subsidiaries the "Group") published on 21 October 2022. The EGM has today voted against the resolutions required to implement the proposed restructuring of the Group in a consensual manner. The minutes from the EGM will be published shortly. As informed in the announcement made on 3 November 20221 tel. +47 91 62 10 57 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company’s core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Offshore Energy Marine Telecommunications and Renewables markets. www.dofsubsea.com"

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