Tidewater appoints Dick Fagerstal chairman; expects Solstad vessel acquisition close week of July 3

TIDEWATER INC

Dick H. Fagerstal appointed non-executive Chairman; board reduced from 9 to 8 members.
Larry Rigdon retiring effective at 2023 annual meeting.
Company expects to close acquisition of 37 platform supply vessels from Solstad Offshore during week of July 3, 2023.
Previously disclosed transaction with Solstad subsidiaries announced March 7, 2023.

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