GOGL - Transactions made under the buy-back program

Reference is made to the stock announcement on October 4, 2022, where Golden Ocean Group Limited (OSE/NASDAQ: GOGL) announced the commencement of its share buy-back program of maximum USD 100 million to purchase up to an aggregate of 10,000,000 of the company's common shares in a 12-month period from the announcement.

Golden Ocean Group Limited (โ€œGOGLโ€ or the โ€œCompanyโ€) announces that the Company has during the week ending Friday 14 July 2023, purchased 10,000 of the Companyโ€™s own common stocks on the Oslo Stock Exchange at an average price of NOK 78.59 per share. Following the completion of the above transactions, GOGL owns a total of 1,767,328 of own shares, corresponding to 0.88 % of the Companyโ€™s share capital.

An overview of all transactions made under the buy-back program that have been carried out during the above-mentioned date is attached to this report and available at www.newsweb.no.

July 17, 2023
Hamilton, Bermuda

For more info please contact:

Peder Simonsen, Chief Financial Officer of Golden Ocean Management AS.
Telephone +47 22 01 73 40

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

Forward-looking statements: This release and any materials distributed in connection with this release may contain certain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect the Companyโ€™s current expectations and assumptions as to future events and circumstances that may not prove accurate. A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

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