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Regulatory press release

OCEAN: Change in Board of Directors

Ocean Geoloop
Change in Board of Directors

Verdal, 13 September 2024

Director Lars P. Sperre has informed Ocean GeoLoop AS (Ocean GeoLoop, OSE:OCEAN)
that he has accepted a new full-time role which requires him to resign from the
director role of Ocean GeoLoop AS.

Ocean GeoLoop AS will continue with the remaining board consisting of six
directors which is in accordance with the company's article of association and
will not engage in a replacement for the time being.

ENDS

For further information, please contact:

Odd-Geir Lademo, CEO, e-mail: odd.geir.lademo@oceangeoloop.com, cell: +47 92 05
29 01
Anders Onarheim, Chairman of the board, Ocean GeoLoop AS, cell: +47 97 40 15 11


About Ocean GeoLoop | www.oceangeoloop.com
Ocean GeoLoop AS uses nature's own way to solve the challenges of our time in a
circular way. The company has introduced the GeoLoop CC technology that captures
CO2 from point source emissions using natural and harmless processes. Ocean
GeoLoop will help companies and countries achieve their goals of reduced
emissions and access to renewable electricity for the green transition. The
company is listed on the Oslo Stock Exchange Euronext Growth under the ticker
OCEAN.

Visit Ocean GeoLoop on LinkedIn/OceanGeoLoop
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