May 02, 2022 – Hamilton, Bermuda

Golden Ocean Group Limited Ltd (“GOGL” or “the Company”) announces that Mr. Tor Svelland has resigned as a Director of the Company.

Mr. Svelland has served as a Director since August 2020.

The Board would like to thank Mr. Svelland for his contribution and wishes him well in his future pursuits.

For further information, please contact:

Ulrik Uhrenfeldt Andersen, CEO of Golden Ocean Management ASTelephone: +47 22 01 73 53

This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs.

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