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Regulatory press release

OCEAN: Ocean GeoLoop mourns the passing of CFO Maria Hosen

Ocean Geoloop
(Verdal, 5 January 2026) Ocean GeoLoop has with deep sorrow received the news
that its Chief Financial Officer, Maria Hosen, passed away this weekend
following a sudden medical episode.

Maria Hosen was a highly respected and trusted colleague who made significant
contributions to Ocean GeoLoop over many years. She was greatly valued within
the organization and by the company's partners and stakeholders.

"Our thoughts are with Maria's family and loved ones at this difficult time.
Maria was a highly regarded and dedicated colleague, and she will be deeply
missed by all of us," says Odd-Geir Lademo, Chief Executive Officer of Ocean
GeoLoop.

ENDS

For further information, please contact:
- Odd-Geir Lademo, CEO Ocean GeoLoop, phone: +47 92 05 29 01

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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