Reference is made to previous announcement on30 June 2021 regarding extension of standstill arrangement with secured lenders expiring31 August 2021 and extension of standstill arrangement with bondholders inDOF Subsea AS' bond issues also expiring31 August 2021 .DOF ASA andDOF Subsea AS are pleased to announce that each of the companies have agreed to further extend the principal and interest suspension agreements with, or received extensions of similar concessions from, secured lenders representing in total 91% of the secured debt ofDOF ASA andDOF Rederi AS and in total 88% of the secured debt of companies within theDOF Subsea AS group (excluding DOF Subsea Brasil Servicos Ltda.) until30 September 2021 , and thatDOF Subsea AS has received confirmation from the ad hoc group of bondholders that they have agreed to further extend the suspension, deferral and standstill agreement currently in place for the bond issues to30 September 2021 . The extensions of the standstill periods will facilitate the DOF group's continued dialogue with its secured lenders and the bondholders under the DOF group's bonds regarding a long-term financial restructuring of the DOF group. For further information, please contact: CEO Mons Aase, tel. +47 91 66 10 12 CFO DOF ASA Hilde Drønen tel. +47 91 66 10 09 CFO DOF Subsea Martin Lundberg, tel. +47 91 62 10 57 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 Oil and Gas, Marine Telecommunications and Renewables markets. www.dofsubsea.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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