Asker, 23.04.2025: Reference is made to the stock exchange release from Argeo
ASA published on 3 April 2025 announcing Jan Grimnes as interim CEO of the
company. Until a new CEO has been appointed, the Board of Directors of Argeo ASA
has today appointed Jan Grimnes as Executive Chair. Odd Erik Rudshaug will, in
addition to his role as CFO, act as interim CEO.

For more information, please contact: 
Jan. P Grimnes, Executive Chair
Phone: +47 982 30 332
E-mail: jan.grimnes@argeo.no


About Argeo ASA
Argeo is a comprehensive subsea service provider, operating across three major
sectors: Oil & Gas, Marine Minerals, and Renewables. The Company offers a unique
package that integrates robust vessels, state-of-the-art autonomous underwater
vehicles (AUVs), advanced sensors, digital imaging technology, and an intuitive
digital platform designed to collect and visualize complex data. 

With their own vessels and high-performance AUVs, Argeo delivers fast and
flexible full-lifecycle services, including survey, inspection, maintenance, and
repair, aimed at improving efficiency and reducing the carbon footprint for
global, industry-leading clients. 

Founded in 2020, Argeo has established offices in Asker (Oslo), Edinburgh,
Houston, and Rio de Janeiro. 

The Company is listed on Euronext Oslo Børs under the ticker: ARGEO. Please
visit www.argeo.no for more information.