Prosafe SE (PRS.OL)

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Prosafe SE: Safe Caledonia contract signed with Ithaca Energy

15 May 2026 - Reference is made to press release dated 18 December 2025 where
Prosafe announced the award of a Letter of Intent from Ithaca Energy (UK)
Limited. Prosafe now advises that the contract has been signed, and that
…

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the Safe Caledonia will provide accommodation support for Ithaca Energy at the
Captain field in the UK sector of the North Sea for a firm period of 6 months
commencing Q2 2027 with up to 3 months of options.

The total value of the contract is approximately USD 30 million to USD 44
million depending on options.

Reese McNeel, CEO of Prosafe says:?“It is a great pleasure to continue our
strong relationship with Ithaca by chartering the Safe Caledonia in 2027 to
support the important work at the Captain facility. We are confident that both
vessel and crew will once again deliver class leading gangway connection
throughout the contract.”

For further information, please contact:
Reese McNeel, CEO
Phone: +47 415 08 186

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Halvdan Kielland, CFO, on 15 May 2026, at approx.
13:05 CEST.

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Prosafe SE: Invitation to Q1 2026 results and webcast on 1 June

15 May 2026 - Prosafe SE will release its first quarter 2026 results on 29 May
2026 at 7:00 a.m. CEST. The quarterly earnings release and presentation will be
made available on www.newsweb.no (http://www.newsweb.no) and Prosafe’s website,
…

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www.prosafe.com (http://www.prosafe.com).

Reese McNeel, CEO, and Halvdan Kielland, CFO, will on 1 June 2026 at 10:00 a.m.
CEST host a webcast and Q&A, which can be followed at www.prosafe.com
(http://www.prosafe.com).

It will be possible to ask questions by using the Q&A tool embedded in the
webcast. A replay of the webcast will be made available on Prosafe’s website
shortly after the presentation.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com).

For further information, please contact:
Reese McNeel, CEO
Phone: +47 415 08 186

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

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Prosafe SE: Operational update - April 2026

20 May 2026 - Fleet utilisation for April 2026 was 55%.

In Brazil, Safe Eurus continued to operate at full capacity in April, delivering
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100% commercial uptime.

Safe Zephyrus and Safe Notos both completed scheduled special periodic surveys
(SPS), upgrade and maintenance work and returned to full operations.

Safe Boreas operated at 100% utilisation following the start of gangway
operations and the 15-month firm contract period on 3 April.

Safe Caledonia is in lay-up at Scapa Flow, UK. The vessel has a contract
with Ithaca Energy for accommodation support at the Captain field in the UK
North Sea. The contract covers six months of firm work and 3 months of options,
starting in the second quarter of 2027.

“We look forward to continuing our strong relationship with Ithaca Energy with
the Safe Caledonia returning to support work at the Captain facility in 2027. We
see further opportunities for Safe Caledonia in 2028 and beyond. With the Safe
Zephyrus and Safe Notos SPSs and maintenance projects completed and Safe Boreas
fully operational, we are focused on extending the backlog for our vessels in a
strong global market for high-end accommodation vessels.” said Reese McNeel, CEO
of Prosafe.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to https://www.prosafe.com
(https://www.prosafe.com/)

For further information, please contact:
Reese McNeel, CEO
Phone: +47?415 08?186

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

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