Ocean GeoLoop ASA: Mandatory notification of trade

Reference is made to the stock exchange announcement published by Ocean GeoLoop ASA (the "Company") on 8 June 2026 regarding the commencement of the subscription period for the subsequent offering of up to 4,800,000 new shares in the Company at a subscription price of NOK 0.50 per share (the "Subsequent Offering").

Non-transferable subscription rights (the "Subscription Rights") were allocated to Eligible Shareholders in the Company as of 12 May 2026 (as registered with the VPS on 15 May 2026), as further described in the stock exchange announcement made on 8 June 2026. Each Subscription Right gives, subject to applicable securities laws, the right to subscribe for, and be allocated, one new share in the Subsequent Offering.

Jan Arne Berg, Chief Construction Officer and primary insider of the Company, has subscribed for 50,000 new shares in the Subsequent Offering. 36,252 of these shares have been subscribed through the exercise of Subscription Rights and will as such be allocated to Berg in accordance with the terms of the Subsequent Offering. The remaining 13,748 shares subscribed constitute over-subscription, and there can be no assurance that new shares will be allocated for such over-subscription.

Please see the attached PDMR form for further information.

This information is published in accordance with the requirements of the EU Market Abuse Regulation.