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Regulatory press release

Soiltech and Oceanteam - Last day of trading in Oceanteam shares

Oceanteam
JOINT PRESS RELEASE

Sandnes and Lysaker, Norway (10 September 2024): Reference is made to the joint
stock exchange announcement on 27 August 2024 relating to key dates with respect
to the merger between Soiltech AS ("Soiltech"), which will be converted to a
public company (Nw.: "Allmennaksjeselskap") after close of trading on the date
hereof, and Oceanteam ASA ("OTS") (the "Merger") as well as other announcements
concerning the Merger and listing.

The last day of trading in and listing of the OTS shares will be today (10
September 2024). For further details on the timeline for completion of the
Merger and the listing, see the joint stock exchange announcement on 27 August
2024.

For further information on the Merger and the complete terms and conditions for
the Merger, please see the merger plan for the Merger available on
www.soiltech.no and www.oceanteam.nl.

For more information, contact:

Soiltech AS
Tove Vestlie, CFO
Telephone: (+47) 90 69 06 48
Email: tove.vestlie@soiltech.no

Soiltech AS
Jan Erik Tveteraas, CEO
Telephone: (+47) 95 21 49 25
Email: jan.erik.tveteraas@soiltech.no

Disclosure: This information is subject of the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.
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