On August 17, 2018 Golden Ocean Group Limited announced a dividend of US$0.10 per share. The Conversion Price will be adjusted
on the Convertible Bond from US$86.19 to US$85.28 per share effective on September 5, 2018, which is the ex-dividend date.
Hamilton, Bermuda
September 5, 2018
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.