Prosafe SE: Operational update August 2026

By Oslo Stock Exchange

Oslo, 21 September 2026 - Fleet utilisation for August 2026 was 80%.

All operating vessels delivered near 100% commercial uptime in August, with Safe Eurus, Safe Notos, Safe Zephyrus and Safe Boreas operating at full capacity.

On 31 August, Safe Notos completed its legacy contract with Petrobras and immediately commenced a new four-year firm period contract from 1 September, supporting safety and maintenance operations offshore Brazil at significantly improved terms.

Safe Caledonia remained in lay-up at Scapa Flow, UK, ahead of a firm 6-month contract, plus 3 months of options, with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027.

"The fleet continues to deliver consistent strong performance, achieving 100% commercial uptime on all operating vessels during August.

Safe Notos' successful transition reinforces Prosafe's long-standing presence in Brazil, one of our key markets. Thank you to everyone involved for their commitment and teamwork during the process and we look forward to supporting Petrobras safely and efficiently throughout this new contract with day rates and EBITDA contribution reflecting the current tight global offshore accommodation market," said Reese McNeel, CEO of Prosafe.

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 https://www.prosafe.com (https://www.prosafe.com/)

For further information, please contact: Reese McNeel, CEO Phone: +47 415 08 186

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

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