Solstad Offshore to hold EGM for $0.05 per share dividend approval

Solstad Offshore ASA has called an extraordinary general meeting (EGM) for November 24, 2025, at 13:00 CEST to approve a cash dividend of $0.05 per share, totaling approximately $4.1 million. The proposal is supported by an audited interim balance sheet as of August 31, 2025, which shows an equity of $30,652,000. This interim financial statement was prepared to facilitate the dividend distribution as part of a group-wide legal restructuring.

The EGM will be held digitally, with online voting available. Shareholders can access log-in details and an online participation guide on the company's website. The deadline for advance voting and proxy submissions is November 20, 2025, at 16:00 CEST.

The company changed its accounting and presentation currency from NOK to USD effective January 1, 2024, applied retrospectively, to align with its functional currency and streamline financial reporting.