Reference is made to the stock exchange announcements made by Aker Offshore Wind
AS ("Aker Offshore Wind" or the "Company") on 16 July 2021, 23 July 2021 and 9
August 2021 regarding the 2021 share purchase program for employees and the
Company's buyback of own shares to settle subscriptions under such program.

Of its current holding of 1 177 000 shares in the Company, Aker Offshore Wind
has today allocated and sold 1 159 788 shares to employees participating in the
Company's employee share purchase program for 2021. The shares were sold at a
price per share, excluding any applicable discount, of NOK 4,8029. This equals
the volume-weighted average price of the Aker Offshore Wind shares on Euronext
Growth (Oslo) over the following days: 16 July 2021, 19 July 2021 and 5 August
2021.

Following these transactions, Aker Offshore Wind has a holding of 17 212 own
shares.

ENDS

Contact: 
Ivar Simensen, Communications, Tel: +47 46 40 23 17,
ivar.simensen@akerhorizons.com
Christian Yggeseth, Investor Relations, Tel: +47 915 10 000,
christian.yggeseth@akerhorizons.com 

About Aker Offshore Wind
Aker Offshore Wind is an offshore wind developer headquartered in Norway with
focus on assets in deep waters. With global operations, the current portfolio
consists of development projects and prospects located in Asia, North America
and Europe. Aker Offshore Wind effectively deploys cost effective technologies
from decades of offshore energy development. The Company is majority-owned by
Aker Horizons, an investment company dedicated to creating value and reducing
emissions from renewable energy and decarbonization technologies. Aker Offshore
Wind (ticker: AOW) is admitted to trading on Euronext Growth in Oslo, Norway.

***

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia) or in any other jurisdiction where such publication or
distribution is unlawful. This release is an announcement issued pursuant to
legal information obligations, and is subject to Euronext Growth (Oslo)'s
disclosure requirements. It is issued for information purposes only, and does
not constitute or form part of any offer or solicitation to purchase or
subscribe for securities, in the United States or in any other jurisdiction. The
securities mentioned herein have not been, and will not be, registered under the
United States Securities Act of 1933, as amended (the "US Securities Act"). The
securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the US Securities Act.

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