SFL - Successful Placement of a Senior Unsecured Sustainability-linked Bond Tap Issue

April 29, 2026

SFL Corporation Ltd. (NYSE: SFL) (the "Company") has successfully completed a tap issue of USD 75 million of the Company's outstanding senior unsecured sustainability-linked bond issue due 2030 with ISIN NO0013461988 (the "2030 Senior Unsecured Bonds"). The tap issue was priced at 103.5% of par.

The total outstanding amount under the 2030 Senior Unsecured Bonds following this issue is USD 225 million. The net proceeds from the tap issue are intended to be applied towards general corporate purposes.

The senior unsecured bonds issued in the tap issue will trade under a separate ISIN (NO0013742262) until a listing prospectus has been approved and the bonds can be merged with the existing 2030 Senior Unsecured Bonds.

Danske Bank and Arctic Securities acted as Joint Bookrunners in connection with the placement of the tap issue.

The Board of Directors
SFL Corporation Ltd.
Hamilton, Bermuda

About SFL
SFL has a unique track record in the maritime industry and has paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004.

The Company's fleet of vessels is comprised of tanker vessels, bulkers, container vessels, car carriers and offshore drilling rigs.

SFL's long term distribution capacity is supported by a portfolio of long term charters and significant growth in the asset base over time. More information can be found on the Company's website: www.sflcorp.com.

SFL Corporation Ltd. press release