Ocean GeoLoop AS: Mandatory notification of trade

Reference is made to the stock exchange announcement made by Ocean GeoLoop AS (the "Company") on 12 May 2026 regarding the conditional allocation of 72,000,000 new shares in the Company in a private placement (the "Private Placement"). Reference is further made to the resolution by the extraordinary general meeting in the Company held on 29 May 2026 to, inter alia, issue the new shares in the Private Placement and to issue new shares through the conversion of debt. The attached PDMR forms are provided in respect of (i) the subscription of 26,000,000 new shares in the Private Placement by Hans Gude Gudesen (primary insider); (ii) the subscription of 4,000,000 new shares in the Private Placement by AB Investment AS (a close associate of primary insider and board member, Anders Onarheim); (iii) the subscription of 20,613,698 new shares by Hans Gude Gudesen through the conversion of debt; (iv) the subscription of 2,021,918 new shares by AB Investment AS through the conversion of debt; and (v) the lending of 22,000,000 shares by Hans Gude Gudesen in order to facilitate DVP settlement in the Private Placement, as previously announced. This information is published in accordance with the requirements of the EU Market Abuse Regulation.