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DOF Group ASA ("DOF") is pleased to announce a Substantial contract award for subsea mooring installation services in the APAC Region. The contract will utilise Skandi Hercules with related moorings and installation subsea services. The scope of work includes DOF's in-house project management and engineering, procurement and logistics support services.

Offshore execution in West Australian waters is scheduled in Q3 2025 with the vessel engaged on the project for approximately 2 months.

Mons Aase, CEO DOF Group ASA, said: "The award secures substantial backlog for the APAC region in the second half of 2025, and we look forward to delivering a safe and successful project."

DOF defines a Substantial contract as a contract with value between USD 25 million and 50 million.

For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64

DOF Group ASA (the “Company”) has been informed that Kristin H. Holth, member of the board of directors, has purchased 2,500 shares in the Company through her related party Kricon AS as further specified in the attached notification form. Following the transaction, Kristin H. Holth holds 2,500 shares in the Company.

This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

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DOF Group ASA (the "Company") has been informed that Adrian Geelmuyden, member of the board of directors, has purchased 6,000 shares in the Company as further specified in the attached notification form. Following the transaction, Adrian Geelmuyden holds 16,000 shares in the Company.

This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

The Board of Directors of DOF Group ASA ("DOF") has approved the annual accounts for 2024.

The Integrated Annual Report for 2024 in PDF and European Single Electronic Format (ESEF) are attached to this release and available at DOF's website.

For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64

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Find below links to DOF company ARP reporting for year 2024.

Click the company name to visit the equalitycheck.com hosted report:

> DOF AS‍

> DOF Subsea Norway AS‍

> DOFSubsea Norway Offshore AS 

> DOF Sjø AS 

> DOFManagement AS 

31 March 2025: DOF Group ASA (“DOF”) has mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Danske Bank as Joint Bookrunners, to arrange a series of investor meetings commencing Monday 31 March 2025.

A new USD denominated 5-year senior unsecured bond issue may follow, subject to inter alia market conditions.

The net proceeds from the contemplated bond issue shall be applied to refinance existing debt and for general corporate purposes.

For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64

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On June 3, 2023, the Brazilian Federal Government published Law No. 14,611/2023, which established that any company with more than 100 employees would have to publish, every six months, starting in 2024, reports that demonstrate how the remuneration of men and women is composed percentages. This legislation aims to map the remuneration paid to men and women and especially the differences in salaries by gender, considering those employees who occupy the same position and perform the same function.

It is important to highlight that the information that makes up this report was taken by the Brazilian Federal Government itself from the E-social platform, and there is, therefore, no interference from companies in the preparation of these reports. The information presented is in percentages and there is no identification of employees or remuneration, in observance of the confidentiality of this type of information.

Thus, in compliance with the legislation and in compliance with the principle of transparency, DOF Subsea Brasil and Norskan are disclosing their respective reports.

If you have any questions regarding the reports, please contact DOF's Compliance Department.

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Em 03 de junho de 2023, o Governo Federal publicou a Lei nº 14.611/2023, a qual estabeleceu que toda e qualquer empresa com mais de 100 funcionários teria que publicar, semestralmente, a partir do ano de 2024, relatórios que demonstrassem como estão compostos percentualmente as remunerações de homens e mulheres. A referida legislação tem por objetivo mapear as remunerações pagas a homens e mulheres e principalmente as diferenças de salários por gênero, considerando aqueles empregados que ocupam o mesmo cargo e exercem a mesma função.

É importante destacar que as informações que compõem esse relatório foram retiradas pelo próprio Governo Federal da plataforma do E-social, não havendo, portanto, qualquer interferência das empresas na elaboração destes relatórios. As informações apresentadas são em percentuais e, não há identificação de funcionários ou remunerações, em observância a confidencialidade deste tipo de informação.

Dessa forma, em atendimento a legislação e em observância ao princípio de transparência, a DOF Subsea Brasil e a Norskan estão divulgando seus respectivos relatórios.

Caso haja qualquer dúvida com relação aos relatórios, entre em contato com o Departamento de Compliance da DOF.

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Reference is made to the stock exchange notice published on 18 March 2025 by DOF Group ASA (“DOF”) regarding the signing of a USD 1,025 million senior secured term loan facility and a USD 50 million revolving credit facility.

DOF is pleased to announce that the conditions have been fulfilled and that the refinancing has been completed today.

For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64

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Oslo, 21 March 2025, Notification of trade

Geveran Trading Co. Ltd ("Geveran") has today, 21 March 2025, acquired 325,000 shares in DOF Group ASA (the "Company"). Following the acquisition, Geveran owns 24,631,335 shares in the Company which represents a total of 10.0014 % of the Company's issued shares and voting rights (based on 246,278,655 shares issued by the Company).

This disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act and is subject to the disclosure requirement pursuant to section 5-12 of the Norwegian Securities Trading Act.

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The DOF Group is pleased to announce a new contract award for its fleet in Brazil for Petróleo Brasileiro S.A. ("Petrobras"). The AHTS18000 Skandi Rio will support Petrobras' exploration and production activities on the Brazilian continental shelf. The vessel is owned and operated by Norskan Offshore Ltda. while DOF Subsea Brasil Servicios Ltda.  will be responsible for the ROV operations. Both companies are 100% owned subsidiaries of DOF ASA.

The contract duration is for 3+1-year with expected commencement in December/January. Skandi Rio is a Brazilian built and flagged AHTS vessel equipped with Work Class ROV's for operations down to 3.000m water depth.

Mons Aase, CEO in DOF Group, states: I am very pleased with the contract award, which confirm the DOF Group's strong position in the South America region.

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 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.