TotalEnergies EP Denmark ("TotalEnergies") and Jacktel have agreed to extend the
time charter contract until June 30, 2024. In addition, Jacktel has granted
TotalEnergies an option to extend the time charter beyond June 30, 2024 provided
the vessel is available.

As a result of the extension, the parties have agreed to amend certain parts of
the compensation model as from January 1, 2023. The revised contract value for
the period January 2023 until June 2024 is around USD 53 million.

Jacktel AS is an accommodation provider with a strong track record in providing
safe, efficient and reliable accommodation services.

Further questions and inquiries may be directed to: 

Bjørn Eie Henriksen, CEO - Macro Offshore Management, +47 941 30 432 

Daniel Samuelsen, CFO - Macro Offshore Management, +47 917 58 301

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