Golden Energy Offshore Services AS also tradable on OTC Markets

Ålesund, Norway, April 25, 2022 – Golden Energy Offshore Services AS (GEOS) has qualified to trade on the OTCQB Market in New York with trading commencing today 25th April 2022 under the symbol “GEOUF”, expanding trading to a broader group of investors, particularly in the United States.

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“Golden Energy Offshore Services has asignificant footprint in the US both in terms partners and investors,” said PerIvar Fagervoll, CEO of Golden Energy Offshore Services. “We regularlyexperience strong interest from US investors and look forward to the broaderreach and access OTCQB brings for investors in the region. In addition to
expanded trading to OTCQB, Golden EnergyOffshore Services remains focused on Oslo Stock Exchange under the ticker“GEOS” on the Euronext Growth as previously communicated,” continued Fagervoll.

Trading on the OTCQB Market is an important stepfor companies seeking to provide transparent trading for their U.S. investors.For companies listed on a
qualified international exchange, streamlinedmarket standards enable them to utilize their home market reporting to maketheir information available in the
U.S. To qualify for OTCQB, companies must meethigh financial standards, follow best practice corporate governance anddemonstrate compliance with applicable
securities laws.

Investors can find current financial disclosureand Real-Time Level 2 quotes for
the company on

Arctic Securities LLC acted as Golden EnergyOffshore Services AS OTCQB sponsor.

About Golden Energy Offshore Services AS
Golden Energy Offshore Services AS is a Norwegian based offshore service companylisted on Oslo Stock exchange - Euronext Growth under ticker “GEOS” and now inaddition on OTCQB under ticker “GEOUF”. Its principal activity is to own andcharter out its wholly owned offshore vessels to major international oilcompanies. The Company is the sole beneficial owner of the vessels M/V Energy Swan, M/V Energy Scout, M/V Energy Empress and M/V Energy Duchess andis headquartered in Ålesund, Norway.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operatesthe OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market forover 11,000 U.S. and global
securities. Through regulated OTC Link®Alternative Trading Systems, the Company connects a diverse network ofbroker-dealers that provide liquidity and
execution services. OTC Markets Group enablesinvestors to easily trade through the broker of their choice and empowerscompanies to improve the quality of
information available for their investors.

OTC Link ATS, OTC Link ECN and OTC Link NQB areeach an SEC regulated ATS,
operated by OTC Link LLC, a FINRA and SECregistered broker-dealer, member SIPC.

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Please feel free to contact us if you need any further information.

Per Ivar Fagervoll
Chief Executive Officer