52-Week Performance Chart

From time to time, BNY may pay a rebate to brokers that deposit shares with BNY for the issuance of unsponsored depositary receipts (DRs) or global depositary notes. BNY assumes no obligation or responsibility, and expressly disclaims any liability arising out of, or relating to, such rebates, including without limitation whether the rebate or any portion of it is passed on to the beneficial holders by the brokers.
Unsponsored DRs may be issued by multiple depositary banks servicing a particular DR program. Consequently, as a result of Depository Trust & Clearing Corporation (“DTCC”) practice, the actual cash distribution fees charged may differ from the BNY fees detailed in the fee schedule as fees will be charged in accordance with the fee schedule of the depositary bank that is considered to be the “First Filer”. The fees to be charged for any particular unsponsored cash distribution will be disclosed on the event announcement published by the “First Filer”. BNY takes no responsibility for the level of fees charged by any other depositary bank. The “First Filer” is the depositary bank that filed the first Form F-6 for a program with the U.S. Securities and Exchange Commission (“SEC”). In the event the actual “First Filer” does not have DRs outstanding for a program, the next depositary bank who filed a
Form F-6 with the SEC and has DRs outstanding will be deemed to be the First Filer for these purposes.

DR Details

DR Symbol	BWOFY
CUSIP	124291105
DR Venue	OTC
DR ISIN	US1242911055
Ratio DR:ORD	1:2
First Filer	BK
Underlying ISIN	BMG1738J1247
Underlying SEDOL	BYYNFR4
Country	Norway
Effective Date	May 11, 2020
Depositary	BK (Unsponsored)
Industry	Oil & Gas Producers

BW Offshore is a provider of floating production services to the oil and gas industry. The Company also participates in developing proven offshore hydrocarbon reservoirs. The Company's main activities are engineering, procurement, construction and installation, as well as the lease and operation services for Floating Production, Storage and Offloading units ('FPSOs'). The Company is represented in all major oil and gas regions worldwide across Asia Pacific, the Americas, Europe and West Africa with a fleet of 15 owned FPSOs operating in West Africa, Brazil, Gulf of Mexico, Indonesia, New Zealand and in the North Sea.

Data provided by Mergent, Inc.

Fee Type in US Dollar per ADS	Deposit Agreement
Annual Depositary Service	up to $0.1000
Cancellation	up to $0.1000
Cash Distribution	up to $0.1000
Issuance	up to $0.1000
Registrar Inspection	up to $0.0000
Cash Distribution(Other)	up to $0.1000
Rights - Issuance	up to $0.1000
Stock Dividend	up to $0.1000
Transfer	up to $0.0000
Cable Fee per Cancellation	$17.5000

Monthly Trading Summary

Month	Month End DR Close Price	DR Trading Volume	Avg Day DR Trading Volume
Apr.25	5.49	15	15
Mar.25	5.54	n/a	n/a
Feb.25	5.35	58	29

Depositary Receipts Foreign Exchange Pricing Disclosure

BW Offshore Homepage

Skandinaviska Enskilda Banken AB, Oslo Branch/ESSENOKX