Lysaker, 22 May 2024

Reference is made to the Company's Q1 2024 report, regarding the Board's
authorization to pay a quarterly dividend of NOK 0.55 per share to the
shareholders of AMSC on record as of 23 May 2024.  The shares in AMSC ASA will
be traded ex dividend NOK 0.55 as from today, 22 May 2024.  The dividend will be
paid on or about 30 May 2024 and is classified as a return of paid in capital.

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About AMSC ASA:

Established in 2005 and listed on the Euronext Oslo Stock Exchange (ticker
AMSC), AMSC is a yield driven maritime investment company.  The Company has an
ambition to pay attractive dividends to its shareholders. Further information is
available at www.amscasa.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange