Ocean GeoLoop AS: Key information relating to potential subsequent offering

Reference is made to the stock exchange announcement made by Ocean GeoLoop AS (the "Company") on 12 May 2026 regarding the conditional allocation of 72,000,000 new ordinary shares in the Company in a private placement (the "Private Placement"), and a potential subsequent repair offering of up to 4,800,000 new shares at the same subscription price as in the Private Placement (the "Subsequent Offering"). The Subsequent Offering, if carried out, and subject to applicable securities laws, will be directed towards existing shareholders in the Company as of 12 May 2026 (as registered with the VPS two trading days thereafter) who (i) were not contacted or invited to participate in the Private Placement; (ii) were not allocated shares in the Private Placement, and (iii) are not resident in a jurisdiction where such offering would be unlawful or, would (in jurisdictions other than Norway) require any prospectus, filing, registration or similar action.

The following key information is provided with respect to the Subsequent Offering:

Date on which the terms and conditions of the Subsequent Offering were announced: 12 May 2026 Last day including right: 12 May 2026 Ex-date: 13 May 2026 Record date: 15 May 2026 Date of approval: On or about 29 May 2026 (expected date of extraordinary general meeting) Maximum number of new shares: 4,800,000 Subscription price: NOK 0.50 per share Shall the rights be listed: No

Other information: The Subsequent Offering is subject to, among other things, completion of the Private Placement and the extraordinary general meeting authorizing the Board to issue new shares in the Subsequent Offering. Whether or not the Subsequent Offering will ultimately take place, will depend inter alia on the development of the price of the shares in the Company after completion of the Private Placement, and the Company reserves the right in its sole discretion to not conduct or to cancel the Subsequent Offering.

This information is published in accordance with the requirements of the Continuing Obligations for Euronext Growth Oslo.