Floatel International Ltd: Sale of Floatel Reliance and Presentation at the DNB Energy & Shipping Conference

Oslo March 5, 2025

The Company is pleased to announce that an in principle agreement to sell its 2010-built accommodation, safety and support semi-submersible unit Floatel Reliance for further use has been reached and is expected to be signed within short. The intention is to handover Floatel Reliance to its new owner during the second quarter 2025.

Floatel International’s CEO Peter Jacobsson will today present at the DNB Energy and Shipping Conference. The presentation is available here.

For further information, please contact:
Peter Jacobsson, CEO, +47 934 00 232
Tomas Hjelmstierna, CFO, +47 934 00 381
Tel: +47 46 50 01 33
Email: ir@floatel.no

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