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Austevoll, Norway, 6 July 2023: Reference is made to the stock exchange announcement made by DOF Group ASA ("DOF" or the "Company", ticker symbol "DOFG") on 6 July 2023 whereby the Company announced that the increase in the Company's share capital in connection with exercise of greenshoe option had been registered.

DNB Markets, a part of DNB Bank ASA, has today redelivered a total of 1,830,595 ordinary shares to Moco Holding AS, being a close associate of primary insider Mons Svendal Aase (chief executive officer), Energy Investors AS, being a close associate of primary insider Svein Harald Øygard (chairman of the board of directors), Harald Thorstein being a primary insider, Djupedalen AS, being a close associate of primary insider Hilde Drønen (chief financial officer), and ML Kapital AS, being a close associate of primary insider Martin Lundberg (EVP responsible for Finance and Investor Relations), borrowed for the purposes of facilitating delivery in respect of the over-allotments made in connection with the Company's initial public offering of shares.

The forms of notification and public disclosure for such redelivery of borrowed shares are attached.
>>> Download: DOF Group ASA Notification Transactions Primary Insiders Close Associates 06-jul-2023.pdf

This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Act.

Advisors

ABG Sundal Collier ASA, Carnegie AS, DNB Markets, a part of DNB Bank ASA, and

Pareto Securities AS are acting as Joint Global Coordinators and Joint

Bookrunners in the IPO (the "Managers").

Lazard Ltd is acting as financial adviser to the Company (the "Financial Advisor").

Advokatfirmaet Thommessen AS is acting as legal counsel to the Company.

Advokatfirmaet Wiersholm AS is acting as legal counsel to the Managers.

For further information, please contact:

Mons Aase, CEO DOF Group ASA
Phone: +47 91 66 10 12
E-mail: Mons.Aase@dof.com

Svein Harald Øygard, Chairperson DOF Group ASA
Phone: +47 90 02 40 09
E-mail: sveinharaldoygard@gmail.com

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DOF Group ASA – Redelivery of borrowed shares to primary insider and close associates of primary insiders

Correction - DOF Group ASA: Registration of share capital increase

Correction - DOF Group ASA: Registration of share capital increase

DOF Group ASA: Registration of share capital increase

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DOF Group ASA – Resolution to increase the sharecapital

Austevoll, Norway, 4 July 2023: Reference ismade to the stock exchange announcement made on 4 July 2023 whereby DOF Group ASA ("DOF"or the "Company", OSE tickercode "DOFG") announced the end of stabilisation and exercise of greenshoe option.

Today, 4 July 2023, the Company's board ofdirectors has, based on an authorisation granted to it by the extraordinary general meeting of theCompany held on 25 May 2023,resolved to increase the Company's share capital with NOK 4,576,487.50 by issuance of 1,830,595 new ordinaryshares, each with a nominal value ofNOK 2.50, for a subscription price of NOK 28.00 per share (equal to the offer price in the Company's initial publicoffering of shares (the "IPO")) to DNB Markets, a part of DNB Bank ASA ("DNB") following DNB'sexercise of the greenshoe option grantedby the Company in connection with the IPO. Following registration of the share capital increase withthe Norwegian Register of Business Enterprises (Nw.Foretaksregisteret), the Company's share capital will be NOK 441,623,045, divided into 53,372,566ordinary shares and 123,276,652 B-shares,each with a nominal value of NOK 2.50.

Advisors

ABG Sundal Collier ASA, Carnegie AS, DNBMarkets, a part of DNB Bank ASA, and
Pareto Securities AS are acting as Joint Global Coordinators and Joint Bookrunners inthe IPO (the "Managers").

Lazard Ltd is acting as financial adviser to theCompany (the "Financial Advisor").

Advokatfirmaet Thommessen AS is acting as legalcounsel to the Company.
Advokatfirmaet Wiersholm AS is acting as legalcounsel to the Managers.

For further information, please contact:

Mons Aase, CEO DOF Group ASA
Phone: +47 91 66 10 12
E-mail: Mons.Aase@dof.com

Svein Harald Øygard, Chairperson DOF Group ASA
Phone: +47 90 02 40 09
E-mail: sveinharaldoygard@gmail.com

‍

DOF Group ASA – Resolution to increase the share capital

July 4, 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, NEW ZEALAND, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.

DOF Group ASA – End of stabilisation and exercise of greenshoe option

Austevoll, Norway, 4 July 2023: Reference is made to the stock exchange announcement by DOF Group ASA ("DOF" or the "Company", ticker symbol "DOFG") on 22 June 2022 regarding potential stabilisation activities in respect of the ordinary shares in the Company in connection with the successful completion of the initial public offering of ordinary shares in the Company (the "Offering" or the "IPO").

DNB Markets, a part of DNB Bank ASA (the "Stabilisation Manager"), acting as stabilisation manager in connection with the Offering on behalf of the Managers (as defined below), hereby gives notice that the stabilisation period which commenced on 22 June 2023, has ended as of today, 4 July 2023 and that no stabilisation was undertaken in relation to the shares in the Company. In order to permit redelivery of the 1,830,595 ordinary shares in the Company, which were borrowed from Moco Holding AS, Energy Investors AS, Harald Thorstein, Djupedalen AS and ML Kapital AS and over-allotted in the Offering, the Stabilisation Manager, on behalf of the Managers, has exercised the greenshoe option granted by the Company to subscribe for new ordinary shares in the Company. In total 1,830,595 ordinary new shares in the Company will be subscribed for and issued by the Company under the greenshoe option at a price of NOK 28.00 per share, equal to the offer price in the Offering. After the issuance of the new shares, the number of shares outstanding in the Company will be 53,372,566 ordinary shares and 123,276,652 B-shares, each with a par value of NOK 2.50.

Advisors

ABG Sundal Collier ASA, Carnegie AS, DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS are acting as Joint Global Coordinators and Joint Bookrunners in the IPO (the "Managers").

Lazard Ltd is acting as financial adviser to the Company (the "Financial Advisor").

Advokatfirmaet Thommessen AS is acting as legal counsel to the Company.

Advokatfirmaet Wiersholm AS is acting as legal counsel to the Managers.

For further information, please contact:
Mons Aase, CEO DOF Group ASA
Phone: +47 91 66 10 12
E-mail: Mons.Aase@dof.com

Svein Harald Øygard, Chairperson DOF Group ASA
Phone: +47 90 02 40 09
E-mail: sveinharaldoygard@gmail.com

‍

DOF Group ASA – End of stabilisation and exercise of greenshoe option

July 4, 2023

Reference is made to previous announcements on 21 January 2021, 28 March 2021 and 30 April 2021, respectively, regarding extension of standstill arrangement with secured lenders expiring 31 May 2021 and extension of standstill arrangement with bondholders in DOF Subsea AS' bond issues also expiring 31 May 2021. DOF ASA and DOF Subsea AS are now pleased to announce that each of the companies have agreed to further extend the principal and interest suspension agreements with, or received extension of similar concessions from, secured lenders representing in total 91% of the secured debt of DOF ASA and DOF Rederi AS, and in total 88% of the secured debt of companies within the DOF Subsea AS group (excluding DOF Subsea Brasil Servicos Ltda.) until 30 June 2021. DOF Subsea AS has also received confirmation from the ad hoc group of bondholders that they have agreed to further extend the suspension, deferral and standstill arrangement currently in place for the bond issues until 30 June 2021. The current stand-still arrangement with BNDES to Norskan Offshore Ltda. and DOF Subsea Brasil Servicos Ltda. will expire on 10 June 2021, and further extensions have been sought from BNDES. In the event that such further stand-still is not obtained from BNDES, the continuation of the extended stand-still with the other secured lenders will require acceptance from the secured lenders to servicing of certain debt to BNDES. The extensions of the stand-still periods are entered into to facilitate the Group's continued dialogue with its secured lenders and the bondholders under the Group's bond loans regarding a long-term financial restructuring of the Group. For further information, please contact: CEO Mons Aase, tel. +47 91 66 10 12 CFO DOF Hilde Drønen tel. +47 91 66 10 09 With a multi-national workforce of about 3,150 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

DOF ASA AND DOF SUBSEA AS: FURTHER EXTENSION OF STANDSTILL AGREEMENTS WITH SECURED LENDERS AND BONDHOLDERS

May 31, 2021

Ordinary general meeting

May 27, 2021

The Group's revenue for 1st quarter (management reporting) totals NOK 1 514 million (NOK 2 074 million) and the EBITDA totals NOK 492 million (NOK 804 million). The operating profit (EBIT) is NOK 45 million (NOK -1 035 million), of which depreciation and impairment totals NOK 447 million (NOK 1 839 million). Net profit is NOK -801 million (NOK -4 116 million). The challenging markets have continued into 2021 and the global Covid-19 situation has further continued to impose challenges to the operations of the Group. The average utilisation of the Group's owned fleet during the 1st quarter 2021 was 67% ; (71% - subsea fleet, 70% - AHTS fleet, 57% - PSV fleet), compared to 81% in 1st quarter 2020. General operational comments in Q1: . Increased activity in the Atlantic region. . Reduced utilisation in the Asia-Pacific and North America regions. . High activity in Brazil, operations impacted by several vessel mobilisations and Covid-19 . 3 vessels agreed sold (2 delivered in 1st quarter), 1 vessel recycled. . The Group's current backlog is NOK 14.2 billion The restructuring of the Group's debt is ongoing and standstill agreements have been agreed until the 31st of May 2021 with the majority of the secured lenders and the bondholders. BNDES standstill agreements are applicable until 10th of June for the majority of the facilities. The Group is dependent on continued standstill agreements with its creditors until a long-term financial solution is agreed to maintain as going concern. Please see enclosed 1st quarter Financial Report 2021. Webcast is available Wednesday, 26th of May at 08:30 on www.dof.com. Contact: CEO Mons Aase, Tel + 47 91 66 10 12 CFO Hilde Drønen, Tel + 47 91 66 10 09 With a multi-national workforce of about 3,150 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Financial Report 1st quarter for DOF ASA

May 26, 2021

Multiple contract awards in Brazil

May 25, 2021

Invitation to presentation of Q1 2021 results

May 19, 2021

DOF Subsea has been awarded multiple contracts for execution in the North Sea, including a number of turnkey subsea projects within our core service lines - Inspection, Maintenance & Repair (IMR), Construction and Decommissioning. The projects combined totals more than 340 vessel days excluding options, and will be executed during 2021. Skandi Acergy, Skandi Skansen, Skandi Iceman, Skandi Hera and a contracted third -party vessel shall be utilized in the offshore execution phases. All awards include Project Management, engineering, procurement and logistics which shall be delivered by our integrated subsea experts' team across Bergen and Aberdeen. DOF Subsea shall towards a key Renewables client, deliver one of our construction assets and associated services during the construction phase of a major offshore wind project. The project totals at least 150 vessel days. Several of the awards are EPRD (Engineering, Preparation, Removal and Disposal) decommissioning contracts, and DOF Subsea is planning to deploy multiple vessels in-field during execution phases. In excess of the awards, DOF Subsea has received a number of purchase orders related to ongoing contracts in North Sea and Africa. These awards are enabling our clients to take advantage of the extended capabilities of the contracted vessels, with access our integrated marine operations services. One of the variation orders aided DOF Subsea to fast-track a flex-lay installation campaign, delivering project management, engineering, procurement, logistics and offshore execution to the highest expectation of the client. Mons S. Aase, CEO, DOF Subsea said "I am pleased by the continued trust from our clients in Norway and United Kingdom. DOF Subsea continues to secure projects across the energy sector, delivering mission critical solutions without compromise to safety." For further information, please contact: Mons S. Aase, CEO Tel: +47 91 66 10 12 Hilde Drønen, CFO Tel.: +47 91 66 10 09 With a multi-national workforce of about 3,150 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Contract awards in the Atlantic Region

May 11, 2021

Notice of ordinary general meeting DOF ASA

May 6, 2021

Reference is made to previous announcements on 21 January 2021 and 28 March 2021, respectively, regarding extension of standstill arrangement with secured lenders expiring 30 April 2021 and extension of standstill arrangement with bondholders in DOF Subsea AS' bond issues also expiring 30 April 2021. DOF ASA and DOF Subsea AS are now pleased to announce that each of the companies have agreed to further extend the principal and interest suspension agreements with, or received extension of similar concessions from, secured lenders representing in total 91% of the secured debt of DOF ASA and its subsidiaries (other than the DOF Subsea AS group) and in total 88% of the secured debt of companies within the DOF Subsea AS group, and that DOF Subsea AS has received confirmation from the ad hoc group of bondholders that they have agreed to further extend the suspension, deferral and standstill arrangement currently in place for the bond issues from 30 April to 31 May 2021. The extensions of the stand-still periods are entered into to facilitate the Group's continued dialogue with its secured lenders and the bondholders under the Group's bond loans regarding a long-term financial restructuring of the Group. The discussions with the Group's main creditors remain constructive, and the Group expects that further progress towards a consensual solution will be made over the coming months. For further information, please contact: CEO Mons Aase, tel. +47 91 66 10 12 CFO DOF Hilde Drønen tel. +47 91 66 10 09 With a multi-national workforce of about 3,500 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 35 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.