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 Company’s 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, Bermuda
March 26, 2021

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