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DOF Group ASA – Ex dividend USD 0.30 today

The shares in DOF Group ASA will be traded ex-dividend of USD 0.30 per share as from today...

DOF Group ASA – Ex dividend USD 0.30 today

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DOF Subsea

Please find attached the notice of Ordinary General Meeting DOF ASA. The Ordinary General Meeting will be held on Tuesday 24 May 2022 at 11.00 hours as an electronic meeting. Shareholders who wish to participate and vote at the General Meeting must be registered with a user profile in the meeting portal Orgbrain (www.orgbrain.no) or submit a proxy to the Company within 12:00 hrs CET on 19 May 2022. Information about participation and registration appears from the notice and its appendices and is available on the Company's website www.dof.com. Further information about the electronic participation will be published on the Company's website www.dof.com and distributed to the shareholders who fill in and return the registration form. A paper version of the notice will be sent by post to those shareholders who have reserved themselves against electronic communication on the VPS Investor Services. Contact persons: CEO Mons S. Aase, +47 91 66 10 12 CFO Hilde Drønen, +47 91 66 10 09 This information is subject of the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act (verdipapirhandelloven). With a multi-national workforce of about 3,800 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Historical OSE Notices

Notice of Ordinary General Meeting DOF ASA

May 3, 2022

Reference is made to previous announcements regarding the extension of standstill arrangements with the DOF group's secured lenders expiring 30 April 2022 and extension of standstill arrangements with bondholders in DOF Subsea AS' bond issues also expiring 30 April 2022. DOF ASA and DOF Subsea AS are pleased to announce that each of the companies have agreed to further extend the principal and interest suspension agreements with, or received extensions of similar concessions from, secured lenders representing in total 91% of the secured debt of DOF ASA and DOF Rederi AS and in total 95% of the secured debt of companies within the DOF Subsea AS group (excluding DOF Subsea Brasil Servicos Ltda.) until 31 May 2022. Reference is further made to the previous announcement on 12 April 2022 regarding summons to bondholders' meetings in DOFSUB07 (ISIN NO0010971005), DOFSUB08 (ISIN NO0010788177) and DOFSUB09 (ISIN NO0010836810) in which DOF Subsea AS requested an extension of the standstill period for the three bonds initially until 31 May 2022 and with the possibility to extend to 30 September 2022 with the approval of an ad-hoc committee of bondholders. DOF Subsea AS is pleased to announce that the bondholders' meetings were held today and the proposed resolution received 100%, 92,53% and 100% of the votes in DOFSUB07, DOFSUB08, and DOFSUB09, respectively. Approval of the proposal set out in the summons required 2/3 majority in all three bonds, and the proposal was consequently approved. Please see the attached minutes from the bondholders' meetings. The extensions of the standstill periods will facilitate the DOF group's continued dialogue with its secured lenders and the bondholders under the DOF group's bonds regarding a long-term financial restructuring of the DOF group. For further information, please contact: CEO Mons Aase, tel. +47 91 66 10 12 CFO Hilde Drønen, tel. +47 91 66 10 09 With a multi-national workforce of about 3,800 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Historical OSE Notices

DOF ASA AND DOF SUBSEA AS: FURTHER EXTENSION OF STANDSTILL AGREEMENTS WITH SECURED LENDERS AND RESULT FROM BONDHOLDERS' MEETINGS

April 29, 2022

Reference is made to the resolutions adopted in the bondholders' meetings in DOF Subsea AS' three bond loans (FRN DOF Subsea AS Senior Unsecured Bond Issue 2013/2020, DOF Subsea AS 9.50% Senior Unsecured Bond Issue 2017/2022 and FRN DOF Subsea AS Senior Unsecured Bond Issue 2018/2023) on 28 February 2022, whereby the bondholders on certain conditions approved to extend their waiver from, and suspension of, all payment obligations under each of the bond loans until 31 March 2022, with a possibility to further extend the standstill arrangement currently in place to 30 April 2022 with the approval of the ad-hoc committee of bondholders. Reference is further made to the announcements on 31 March 2022 regarding the ad -hoc committee's approval of extension of the standstill arrangement with the bondholders described above to 30 April 2022. Discussions and negotiations on the restructuring of the DOF group (the "Group") are progressing, and the Group, its secured lenders and the advisers to the bondholders have since the bondholders' meetings in February 2022 continued negotiations on an overall financial restructuring of the Group. Further progress has been made in such negotiations, but there are still certain issues that remain to be resolved to achieve an overall consensual restructuring of the Group. Consequently, no assurances can be made that the terms of a binding restructuring agreement will be agreed. DOF Subsea AS has requested Nordic Trustee AS to summon bondholders' meetings in the three bond loans to consider the extension of the standstill period initially until 31 May 2022 and with a possibility to extend the standstill period on one or more occasions to 30 September 2022 with the approval of an ad -hoc committee of bondholders to facilitate the finalisation of the negotiation and documentation of the proposed consensual restructuring. The proposal is further described in the attached summons to the bondholders in the three bond loans. A request will also be made to the Group's secured lenders to correspondingly extend the suspension of payments of principal and interest that have been granted by a majority of its secured lenders as necessary to finalise the restructuring. For further information, please contact: CEO, Mons S. Aase, tel: +47 91 66 10 12 CFO, Hilde Drønen, tel. +47 91 66 10 09 With a multi-national workforce of about 3,800 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Historical OSE Notices

SUMMONS TO BONDHOLDERS' MEETINGS IN DOF SUBSEA AS - REQUEST TO FURTER EXTEND STANDSTILL PERIOD

April 12, 2022

Historical OSE Notices

Corr.: DOF ASA INTEGRATED ANNUAL REPORT 2021

April 8, 2022

Historical OSE Notices

DOF ASA INTEGRATED ANNUAL REPORT 2021

April 8, 2022

Historical OSE Notices

DOF Subsea awarded multiple contracts for the Ross Candies

April 8, 2022

Historical OSE Notices

Sale of vessels

April 5, 2022

Reference is made to previous announcements regarding the extension of standstill arrangements with the DOF group's secured lenders expiring 31 March 2022 and extension of standstill arrangements with bondholders in DOF Subsea AS' bond issues also expiring 31 March 2022. DOF ASA and DOF Subsea AS are pleased to announce that each of the companies have agreed to further extend the principal and interest suspension agreements with, or received extensions of similar concessions from, secured lenders representing in total 91% of the secured debt of DOF ASA and DOF Rederi AS and in total 95% of the secured debt of companies within the DOF Subsea AS group (excluding DOF Subsea Brasil Servicos Ltda.) until 30 April 2022, and that DOF Subsea AS has received confirmation from the ad hoc group of bondholders that they have agreed to further extend the suspension, deferral and standstill agreement currently in place for the bond issues to 30 April 2022 in accordance with the resolutions of the bondholders' meeting held 28 February 2022. The extensions of the standstill periods will facilitate the DOF group's continued dialogue with its secured lenders and the bondholders under the DOF group's bonds regarding a long-term financial restructuring of the DOF group. For further information, please contact: CEO Mons Aase, tel. +47 91 66 10 12 CFO Hilde Drønen, tel. +47 91 66 10 09 With a multi-national workforce of about 3,800 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Historical OSE Notices

DOF ASA AND DOF SUBSEA AS: FURTHER EXTENSION OF STANDSTILL AGREEMENTS WITH SECURED LENDERS AND RESULT FROM BONDHOLDERS' MEETINGS

March 31, 2022

DOF Subsea is pleased to announce multiple new contracts within Renewables and Oil & Gas in the North Sea. The projects, to be delivered in 2022, total more than 185 vessel days excluding any optional work. Skandi Acergy, Skandi Constructor, Skandi Hera and selected third-party vessels will be utilised in the offshore execution phases. All awards include project management, engineering, procurement and logistics - to be delivered by our integrated subsea expert teams across Bergen and Aberdeen. Several of the awards are EPRD (Engineering, Preparation, Removal and Disposal) decommissioning contracts, and DOF Subsea is planning to deploy multiple vessels in-field during the execution. DOF Subsea has also received several new frame agreements. Within one frame agreement, DOF Subsea will deliver continuous survey services for a Renewables project in Taiwan throughout 2022. DOF Subsea has also received a frame agreement with a major North Sea Operator, unlocking access to DOF Subsea`s integrated services within IMR (Inspection, Maintenance and Repair), construction, SURF and decommissioning. For further information, please contact: Mons S. Aase, CEO Tel: +47 91 66 10 12 Hilde Drønen, CFO Tel.: +47 91 66 10 09 With a multi-national workforce of about 3,800 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.

Historical OSE Notices

DOF Subsea Atlantic contracts update

March 29, 2022

Our newsroom

DOF Group ASA – Ex dividend USD 0.30 today

DOF Group ASA – Ex dividend USD 0.30 today

Results from the bondholders' meetings in the DOF Subsea AS bond issues

Financial Report 4th quarter 2022 for DOF Subsea AS

Contract award DOF Subsea Brasil

Contract award DOF Subsea Brasil

Contract extension for Skandi Africa

Contract extension for Skandi Africa

DOFSUB: Summons for bondholders' meetings in the DOF Subsea AS bond issues

DOF partnered with Slave-Free Alliance

DOF awarded EPRD contract by Equinor

Notice of Ordinary General Meeting DOF ASA

DOF ASA AND DOF SUBSEA AS: FURTHER EXTENSION OF STANDSTILL AGREEMENTS WITH SECURED LENDERS AND RESULT FROM BONDHOLDERS' MEETINGS

SUMMONS TO BONDHOLDERS' MEETINGS IN DOF SUBSEA AS - REQUEST TO FURTER EXTEND STANDSTILL PERIOD

Corr.: DOF ASA INTEGRATED ANNUAL REPORT 2021

DOF ASA INTEGRATED ANNUAL REPORT 2021

DOF Subsea awarded multiple contracts for the Ross Candies

Sale of vessels

DOF ASA AND DOF SUBSEA AS: FURTHER EXTENSION OF STANDSTILL AGREEMENTS WITH SECURED LENDERS AND RESULT FROM BONDHOLDERS' MEETINGS

DOF Subsea Atlantic contracts update