Eidesvik Offshore ASA ("Eidesvik") has signed a three-year extension to its ship
management agreement ("Agreement") with Dredging, Environmental and Marine
Engineering NV ("DEME") for construction support vessel Viking Neptun. The
Agreement includes a two-year option for further extension. 

Eidesvik has provided full technical management, crewing and operation of Viking
Neptun since December 2022. The Agreement extends the firm period to January
2027.

Gitte Gard Talmo, President & CEO of Eidesvik Offshore ASA commented:
"This extension is a testament to the exceptional performance of our dedicated
crews. We are very pleased to continue our collaboration with DEME." 

Bømlo, February 5, 2024


Contacts:
CEO Gitte Gard Talmo (+47 915 23 245)
CFO Helga Cotgrove (+47 90735 246)

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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