New share capital registered

New share capital registered

Issuer

Golden Energy Offshore Service

Ålesund, 6 October 2022:

Golden Energy Offshore Services (ticker: GEOS) (the "Company") refers to the
notice made 8 August 2022 announcing the issuance of a total of 2,600,000 new
shares to the board of directors (the "New Shares") at a subscription price of
NOK 1 per share, giving a total share consideration of NOK 2,600,000.

The share capital increase pertaining to the New Shares has been registered with
the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret) with
effect as of 10 September 2022.

Following the registration, the registered share capital of the Company is NOK
53,773,762.00 divided into 53,773,762 shares, each with a nominal value of NOK
1.00 and each share carrying one vote.

For further information contact:

Per Ivar Fagervoll
[email protected]
mobile + 47 974 28 884

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