DOF Group ASA - Contract award and extension

DOF Group ASA ("DOF") is pleased to announce a 7-year contract for one of its smaller construction support vessels (CSV) including ROV services. The contract adds approximately USD 110 million to DOF's backlog.

Furthermore, DOF is pleased to announce that the CSV Skandi Constructor has had an extension option declared. The contract is now firm until April 2028. The value of the extension period is Substantial*.

*DOF defines a Substantial contract as a contract with value between USD 25 million and USD 50 million.

Contact information:

Eirik Vardøy, Investor Relations DOF Group ASA

Phone: +47 94 83 64 64

About DOF: DOF Group ASA (OSE ticker: DOFG) is a leading provider of offshore and subsea services to the offshore energy industry. The company owns and operates a fleet of modern offshore/subsea vessels which is combined with strong engineering capabilities to provide integrated offshore services globally. www.dof.com