Tranche Update on Fjord1 ASA (OB:FJORD)'s Equity Buyback Plan announced on June 12, 2019.

Fjord1 ASA is a Norway-based company, which is primarily engaged in the provision of water passenger and car transportation conducted with the use of ferries. The Company's vessel portfolio comprises ferries MF Aukra, MF Aurland, MF Bergensfjord, MF Bjornsund, MF Boknafjord, MF Bolsoy, MF Dalsfjord, MF Davik, MF Driva and MF Dryna, as well as a number of passenger cruise boats, MS Fjordcruise, MS Fjordglytt, MS Setara, MS Skagastol, MS Solundir, MS Solundoy, MS Stjernsund, MS Sylvarnes, MS Tansoy and MS Oyglimt. The Company provides its services along the Norwegian coastline, in geographical regions of Sogn of Fjordane, More of Romsdal, Hordaland, Rogaland, Buskerud and Sor-Trondelag, as well as along E39, a road between Stavanger and Trondheim.