BW Offshore Update on Dividend Shares

Dividend Shares

Reference is made to the announcement on 28 February 2023, whereby BW Offshore Limited (“BW Offshore”) announced information relating to dividend payments.

Based on our shareholder records as of 3 March 2023, a total of 1,697,868 BW Energy Limited shares will be prepared for distribution today to eligible BW Offshore shareholders, reducing BW Offshore’s ownership in BW Energy Limited from 25.42% to 24.76%.

This information is published in accordance with the requirements of the Continuing Obligations.

[email protected]   www.bwoffshore.com

About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has a fleet of 10 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo stock exchange.

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