GlobeNewswire Inc | Mar 26, 2021 10:36AM EDT

March 26, 2021

26.03.2021

Golden Ocean Group Limited (the Company) advises that a Special General Meeting of the Shareholders of the Company was held on March 26, 2021 at 9:00 a.m. at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, Bermuda (the Meeting). The following resolution was in line with the proposal in the notice to the Meeting.

The Companys authorized share capital be increased from US$10,000,000.00 divided into 200,000,000 common shares of US$0.05 par value each to US$15,000,000.00 divided into 300,000,000 common shares of US$0.05 par value each by the creation of 100,000,000 common shares of US$0.05 par value each.

Hamilton, BermudaAugust 31, 2020