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Regulatory press release

PHLY - EX. DIVIDEND USD 6.08 PER SHARE TODAY

Philly Shipyard
Issuer: PHILLY SHIPYARD ASA

Ex. date: 20 February 2025

Dividend amount: USD 6.08 per share

Dividend amount in NOK: 67.68256 per share

Announced currency: USD (please note that the dividend will be paid out in NOK)

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and the Continuing Obligations.

Contact:
Jeffrey Theisen, Chief Financial Officer
Tel: +1 610-517-5943
E-mail: Jeffrey.Theisen@phillyshipyard.com
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