GOLDEN OCEAN GROUP LIMITED Common Shares ($0.05 par value per share) PLACEMENT AGENCY AGREEMENTPlacement Agency Agreement • October 19th, 2017 • Golden Ocean Group LTD • Water transportation • New York
Application Agreement Arctic Securities (Offering October 2017) Seaport Global SecuritiesApplication Agreement • October 19th, 2017 • Golden Ocean Group LTD • Water transportation • New York
General Information: Golden Ocean Group Limited (the "Company"), an exempted company incorporated under the laws of Bermuda with registration number EC22353, intends to conduct an offering of new common shares of the Company, each with a par value of USD 0.05 (the "Offer Shares") raising gross proceeds of up to approximately USD 66 million (the "Offering"). In addition to the Offering, the Company expects to issue additional common shares (the "Placement") with an aggregate value of USD 34 million, at the same price as the public offering price in the Offering, to Hemen Holding Ltd. ("Hemen") as partial consideration for two modern Capesize vessels to be acquired from affiliated companies of Hemen. The Offering is directed towards institutional investors subject to applicable exemptions from European prospectus requirements. The subscription price per Offer Share (the "Subscription Price") will be set through a book-building process. The Company has appointed DNB Markets, Inc. and Arct
