The primary insider, Celina Midelfart, who is a member of the Board of Siem
Offshore Inc., is the chairman of the board of Midelfart Capital AS. On
06.02.24, Midelfart Capital AS purchased 269.121 shares in Siem Offshore Inc.
(SIOFF) at a nominal share price of NOK 26,3104 per share. Total purchase price
was NOK 7.080.681. Following the purchase Midelfart Capital AS owns shares equal
to 2.22% of the shares outstanding.

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

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