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, DOF and the creditors of the Group have for this scenario agreed to implement the proposed restructuring of DOF as a forced process pursuant to the Norwegian Reconstruction Act or through a bankruptcy in DOF, as previously communicated. Further information will be provided in due course.

For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO Martin Lundberg, 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.