The primary insider, Peter Ditlef Knudsen, who is a Director of the Board of
Siem Offshore Inc., is the chairman of the board of Vilja AS and he holds a
minor owning interest in Vilja AS. On 25 January 2022, Vilja AS purchased 15,000
shares in Siem Offshore Inc. (SIOFF) at a nominal share price of NOK 3.6225 per
share. Total purchase price was NOK 54,338. Following the purchase Vilja AS owns
75,000 shares equal to 0.03% of the shares issued.

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