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Reference is made to DOF ASA's previous announcement on 23 November 2022 regarding the notice of the Extraordinary General Meeting on 14 December 2022 to consider the proposal from Bjarte Brøndmo and Sans Invest AS to elect a new Board in DOF ASA. Bjarte Brøndmo/Sans Invest AS have now submitted the following proposed new Board: Leif Salomonsen (chair) Beatriz Malo de Molina Merete Haugli Tore Grøttum Bjarte Brønmo CVs for the proposed board members have been requested and will be published on the company's website when received. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. With a multi-national workforce of about 3 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.

Reference is made to DOF ASA's (the "Company" or "DOF" and together with its subsidiaries the "Group") previous announcements on 22 June 2022 and 13 October 2022 regarding the financial restructuring process DOF is in the current situation obliged to procure that the Reconstruction proceedings are opened. This is further substantiated by a letter from the creditors requesting Reconstruction to be opened promptly. The Board has also been in dialogue with the appointed advisor of the minority shareholders in order to provide the requested documentation. The Board has not received information which indicates that the minority shareholders have any viable alternative solution to the Restructuring. In preparation of the Reconstruction and in order to secure the continued operations in the rest of the Group irrespective of the outcome of the Restructuring in the Company the Company has transferred the majority of its business assets and contractual liabilities to its wholly owned subsidiary DOF Services AS. The employees of the Company have in accordance with the Restructuring Agreement been transferred to the Company’s wholly owned subsidiary DOF AS together with related third-party agreements necessary to operate the Group. The Group's operations are therefore expected to continue as normal both throughout the Reconstruction process and in the event of a subsequent bankruptcy in the Company. As previously communicated creditors and contract parties other than the financial creditors party to the Restructuring will not be affected by the Restructuring. In light of continuous speculations among the minority shareholders of DOF questioning the principle of equal treatment of all the shareholders of the Company and despite previous announcements confirming the same the Company see once more the need to reiterate that the Restructuring proposal that was presented to the EGM provided for equal treatment of all the shareholders of the Company. The main shareholder in DOF has also confirmed that there is no agreement or arrangement regarding preferential treatment of the main shareholder compared to other shareholders irrespective of how the Restructuring is implemented. For further information please contact: Chairman of the Board Hans Olav Lindal tel. + 47 958 39 562 This information is considered to be 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. The stock exchange announcement was published by Hilde Drønen CFO DOF ASA. 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 over 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."

Det vises til DOF ASAs ("Selskapet" eller "DOF" har de finansielle kreditorene til Gruppen gjort det klart at (i) det ikke er rom for aksjonærene til å forhandle om en gunstigere løsning enn forslaget som ble presentert for generalforsamlingen den 11. november 2022 der aksjonærene ble tilbudt 4% av aksjekapitalen etter Restruktureringen og (ii) aksjonærene ikke vil bli tilbudt mer enn 1% av aksjekapitalen etter Restruktureringen som en del av Rekonstruksjonen med mindre noe annet aksepteres av de finansielle kreditorene. Etter styrets vurdering foreligger det ingen annen løsning som sikrer videre drift i Gruppen enn den avtalte Restruktureringen. Det er videre gjort klart av Gruppens finansielle kreditorer at gjennomføring av Restruktureringen skal skje i henhold til Restruktureringsavtalen. Etter Restruktureringsavtalen er DOF i den nåværende situasjonen forpliktet til å sørge for at rekonstruksjonsforhandlinger åpnes. Dette underbygges ytterligere av et brev fra kreditorene hvor det kreves at Rekonstruksjonen åpnes omgående. Styret har også vært i dialog med oppnevnt rådgiver for minoritetsaksjonærene for å fremskaffe ønsket dokumentasjon. Styret har ikke mottatt informasjon som tilsier at minoritetsaksjonærene har noen reell alternativ løsning til Restruktureringen. Som forberedelse til Rekonstruksjonen og for å sikre videre drift i resten av Gruppen uavhengig av utfallet av Rekonstruksjonen har Selskapet overført majoriteten av sin virksomhet eiendeler og kontraktsmessige forpliktelser til sitt heleide datterselskap DOF Services AS. De ansatte i Selskapet har i henhold til Restruktureringsavtalen blitt overført til Selskapets heleide datterselskap DOF AS sammen med tilhørende tredjepartsavtaler som er nødvendige for å drive konsernet. Gruppens virksomhet forventes derfor å fortsette som normalt både gjennom hele rekonstruksjonsprosessen og ved en eventuell påfølgende konkurs i Selskapet. Som tidligere kommunisert vil ikke kreditorer og kontraktsparter utover de finansielle kreditorene som er part i Restruktureringen bli påvirket av Restruktureringen. I lys av de kontinuerlige spekulasjonene blant minoritetsaksjonærene i DOF som stiller spørsmål ved prinsippet om likebehandling av alle Selskapets aksjonærer og til tross for tidligere meldinger som bekrefter det samme ser Selskapet nok en gang et behov for å gjenta at forslaget om Restrukturering som ble presentert for Generalforsamlingen sørget for likebehandling av alle aksjonærene i Selskapet. Hovedaksjonæren i DOF har også bekreftet at det ikke er noen avtale eller ordning om særbehandling av hovedaksjonæren sammenlignet med øvrige aksjonærer uavhengig av hvordan Restruktureringen gjennomføres. For mer informasjon vennligst kontakt: Styrets leder Hans Olav Lindal tlf. 958 39 562 Denne informasjonen anses som innsideinformasjon i henhold til EUs Markedsmisbruksforordning og er informasjonspliktig etter verdipapirhandelloven § 5-12. Børsmeldingen er publisert av Hilde Drønen CFO DOF ASA. Med en multinasjonal arbeidsstyrke på rundt 3.900 ansatte er DOF ASA en internasjonal gruppe av selskaper som eier og driver en flåte av moderne offshore/undervannsfartøy og ingeniørkapasitet for å betjene både offshore- og subseamarkedet. Med over 40 år i offshorebransjen har Gruppen en sterk posisjon når det gjelder erfaring innovasjon produktspekter teknologi og kapasitet. DOFs kjernevirksomhet er fartøyseierskap fartøysledelse prosjektledelse engineering fartøysoperasjoner kartlegging fjernintervensjon og dykkeoperasjoner primært for olje- og gassektoren. Fra PSV charter til Subsea engineering DOF tilbyr et komplett spekter av offshoretjenester av topp kvalitet for å legge til rette for en stadig voksende og krevende industri. Selskapets viktigste driftssentre og forretningsenheter er lokalisert i Norge Storbritannia USA Singapore Brasil Argentina Canada Angola og Australia. DOF ASA har vært notert på Oslo Børs siden 1997."

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 with a possibility to further extend the standstill arrangement with the approval of the ad-hoc group of bondholders (the ""Ad-Hoc Group""). In order to facilitate the implementation of the Restructuring through reconstruction proceedings bankruptcy or otherwise DOF is pleased to announce that the senior creditors and bondholders that are parties to the Restructuring Agreement have agreed to extend the Long Stop Date in the Restructuring Agreement to 31 March 2023 and that the ad-hoc group of bondholders in DOF Subsea AS' 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) has extended the standstill arrangements with the bondholders to 31 March 2023 in accordance with the authority granted in the bondholders' meetings held on 7 November 2022. For further information please contact: CEO Mons Aase tel. +47 91 66 10 12 CFO Martin Lundberg tel. +47 91 62 10 57 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company’s core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Offshore Energy Marine Telecommunications and Renewables markets. www.dofsubsea.com"

DOF Group is pleased to announce multiple new contracts in Atlantic region and the long-term charter of the CSV vessel Havila Phoenix. The region has been awarded an Integrated Field Support Vessel (FSV) contract with an international operator in West-Africa. The contract is 365 days firm including mooring and dynamic cable installation. DOF is further pleased to announce the charter of Havila Phoenix on a 3-year firm plus 2-year option contract with commencement in Q1 2023. Havila Phoenix is a large and modern CSV equipped with one 250-ton AHC offshore crane one 20-ton AHC offshore crane 2 WROVs and a large construction deck. The vessel will be utilised within the DOF Subsea’s project segment. Mons Aase CEO DOF Subsea AS said “I`m pleased with the award for a new integrated FSV contract in West-Africa once again proving our ability to deliver complex marine operations and engineering services. I also welcome Havila Phoenix into our fleet of advanced subsea vessels. For further information please contact: Mons S. Aase CEO DOF Subsea. Tel: +47 91 66 10 12 Marianne Møgster SVP Finance DOF Subsea. Tel: +47 99 30 69 16 About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company’s core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Offshore Energy Marine Telecommunications and Renewables markets. www.dofsubsea.com

Det vises til kunngjøring fra DOF ASA ("Selskapet") 17. november 2022 vedrørende krav om innkalling til ekstraordinær generalforsamling ("EGF") etter allmennaksjeloven § 5-7(2) inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company’s core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Offshore Energy Marine Telecommunications and Renewables markets. www.dofsubsea.com"

Reference is made to the announcement made by DOF ASA (the "Company") on 17 November 2022 tel. +47 91 62 10 57 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company’s core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Offshore Energy Marine Telecommunications and Renewables markets. www.dofsubsea.com"

The board of directors of DOF ASA has pursuant to section 5-7(2) of the Norwegian Public Limited Companies Act received a request for an extraordinary general meeting ("EGM") to be held to consider a proposal to elect a new board of directors in the company. The request has been submitted on behalf of Bjarte Brønmo and Sans Invest AS holding more than 5% of the share capital. It has been informed that Leif Salomonsen will be proposed as new chair of the board and that the other candidates will be presented prior to the general meeting. The board of directors will convene an EGM to be held no later than 14 December 2022. We also attach a new letter received from the financial creditors of the DOF Group and in order to preserve the interests of the DOF Group's employees suppliers and customers are prepared to contribute to the preservation of the DOF Group's value as a going concern irrespective of the contribution of the shareholders. Further to this the financial creditors have made it clear that there are no other available alternatives than the negotiated restructuring solution unless the overdue debt of approximately NOK 23 billion is settled. In the same letter it is further emphasized that any action that would be contrary to the interest of the DOF group and the stakeholders of DOF ASA (multitude of the shareholders creditors etc.) will expose the board of directors in DOF ASA at any given time to personal liability. For further information please contact: CEO Mons Aase tel. +47 91 66 10 12 CFO Martin Lundberg tel. +47 91 62 10 57 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company’s core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Offshore Energy Marine Telecommunications and Renewables markets. www.dofsubsea.com"

Styret i DOF ASA har i henhold til allmennaksjeloven § 5-7(2) mottatt et krav om at det avholdes ekstraordinær generalforsamling for å behandle et forslag om valg av nytt styre i selskapet. Kravet er sendt på vegne av Bjarte Brønmo og Sans Invest AS som eier mer enn 5 % av aksjekapitalen. Det er opplyst at Leif Salomonsen vil bli foreslått valgt som ny styreleder og at øvrige kandidater vil bli presentert før generalforsamlingen. Styret vil innkalle til ekstraordinær generalforsamling som vil bli avholdt senest 14. desember 2022. Vedlagt følger også et nytt brev mottatt fra DOF-konsernets finansielle kreditorer er innstilt på å medvirke til at DOF-konsernets verdi som ""going concern"" opprettholdes uavhengig av aksjonærenes medvirkning. Det er gjort uttrykkelig klart fra de finansielle kreditorene at det ikke foreligger noen annen løsning enn den fremforhandlede restruktureringsløsningen uten oppgjør av hele den forfalte gjelden på ca. 23 milliarder norske kroner. Det påpekes videre i samme brev at handlinger som strider mot DOF konsernets interesser herunder interessenter i DOF ASA (en betydelig andel av aksjonærer kreditorer etc.) innebærer et personlig ansvar for et til enhver tid sittende styre i DOF ASA. For nærmere informasjon vennligst kontakt: CEO Mons Aase tel. +47 91 66 10 12 CFO Martin Lundberg tel. +47 91 62 10 57 Denne informasjonen er informasjonspliktig etter verdipapirhandelloven § 5-12. Med en multinasjonal arbeidsstyrke på rundt 3.900 ansatte er DOF ASA en internasjonal gruppe av selskaper som eier og driver en flåte av moderne offshore/undervannsfartøy og ingeniørkapasitet for å betjene både offshore- og subseamarkedet. Med over 40 år i offshorebransjen har Gruppen en sterk posisjon når det gjelder erfaring innovasjon produktspekter teknologi og kapasitet. DOFs kjernevirksomhet er fartøyseierskap fartøysledelse prosjektledelse engineering fartøysoperasjoner kartlegging fjernintervensjon og dykkeoperasjoner primært for olje- og gassektoren. Fra PSV charter til Subsea engineering DOF tilbyr et komplett spekter av offshoretjenester av topp kvalitet for å legge til rette for en stadig voksende og krevende industri. Selskapets viktigste driftssentre og forretningsenheter er lokalisert i Norge Storbritannia USA Singapore Brasil Argentina Canada Angola og Australia. DOF ASA har vært notert på Oslo Børs siden 1997."

The DOF Group is pleased to announce a new contract award for its fleet in Brazil for Petróleo Brasileiro S.A. ("Petrobras"). The AHTS18000 Skandi Rio will support Petrobras' exploration and production activities on the Brazilian continental shelf. The vessel is owned and operated by Norskan Offshore Ltda. while DOF Subsea Brasil Servicios Ltda.  will be responsible for the ROV operations. Both companies are 100% owned subsidiaries of DOF ASA.

The contract duration is for 3+1-year with expected commencement in December/January. Skandi Rio is a Brazilian built and flagged AHTS vessel equipped with Work Class ROV's for operations down to 3.000m water depth.

Mons Aase, CEO in DOF Group, states: I am very pleased with the contract award, which confirm the DOF Group's strong position in the South America region.

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 3,150 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 over 35 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.