Sale of PSV Energy Partner

Ålesund 26.01.2026

Reference is made to the stock exchange announcement by Golden Energy Offshore Services ASA (the "Company") on 12 December 2025 where the Company informed of its commitment to a near-term sale of minimum two vessels, subject to market conditions. The Company also refer to the announcement of the sale of PSV Energy Empress on 23 January 2026.

The Company is pleased to announce that its subsidiary Energy Partner AS has today signed a binding sales agreement for the PSV Energy Partner. The agreement is based on the industry standard Saleform 2012 form and subject to ordinary conditions for payment upon delivery.

The gross sale price for PSV Energy Partner is agreed at USD 27.25 million (approximately NOK 265 million) and this sale is expected to be completed medio February 2026. Upon completion, the transaction will result in a booked gain of approximately USD 6.5 million and is expected to generate net proceeds after repayment of the lease, break fees and transaction costs of approximately USD 12.5 million (approximately NOK 122 million).

These agreements reconfirm the value of the Company’s modern quality fleet which after the completion of the sale consists of MPSV Energy Duchess (sister vessel to MPSV Energy Empress), PSV Energy Paradise, PSV Energy Passion and PSV Energy Pace (sister vessels to PSV Energy Partner) and the 2005 built PSV Energy Swan. Upon completion of the two sales announced on Friday 23 January and today the Company has sold two vessels for gross purchase price of approximately NOK 560 million and the two sales will upon completion generate net proceeds in excess of NOK 260 million resulting in a solid cash position for the Company.

For further information, please contact:

Per Ivar Fagervoll pif@geoff.no Mobile: + 47 974 28 884

*** This information is considered to include inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Per Ivar Fagervoll, CEO, on 14:20 (CET).