(MENAFN- GlobeNewsWire - Nasdaq) Oslo, 6 November 2025 - The Board of Directors of Prosafe has appointed Reese McNeel as permanent chief executive officer (CEO) of Prosafe.

Reese will continue to perform the CFO duties until a successor is appointed.

Reese has more than 20 years of leadership experience from the offshore energy industry and publicly listed companies, including executive management and CEO level tenure at Atlantica Tender Drilling Ltd. and Sevan Marine ASA. He has already demonstrated his strong leadership and dedication to Prosafe as interim CEO since September 2025 and Chief Financial Officer since August 2022.

Carey Lowe, Chairman of Prosafe, says: " We are pleased to appoint Reese as permanent CEO. Since assuming the interim role, Reese has already demonstrated decisive leadership and, with the support of the Board, initiated a significant transformation of the company. He is leading efforts to enhance cost efficiency, strengthen operational performance, and build a solid backlog, positioning Prosafe for long-term success and value creation for shareholders.”

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

Prosafe SE

For further information, please contact:

Carey Lowe, chair of the Board

...

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the continuing obligations for issuers listed on Euronext Oslo Børs.

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• 06112025 Prosafe SE - New CEO

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