Prosafe SE: Notice of Change to financial calendar

Prosafe SE will defer announcement of its Q1 2020 results from 8 May 2020 till 27 May 2020.

The deferment recognises the current level of uncertainty both in the short term and in the long term on the back of Covid-19 and the oil price crash.

As announced on 14 April 2020, it further recognises the agreed extension to the forbearance from the non-payments and defaults with a majority of its lenders across its USD 1,300 million and USD 288 million facilities until 31 May 2020, and thereby allows the company to evaluate and conclude on a revised business plan as a basis for seeking a long-term financial solution with its lenders and other financial stakeholders.

The remainder of the 2020 financial calendar is unchanged.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com

Stavanger, 17 April 2020
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

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