SFL Corp Ltd美国招股说明书（2026年3月17日版）

SFL CORPORATION LTD. DIVIDEND REINVESTMENT PLAN 10,000,000 Common Shares, $0.01 Par Value We are an international ship owning and chartering company with a large and diverse asset base across the maritime, shippingand offshore asset classes and business sectors.With this prospectus supplement, we are offering you the opportunity to participate inour Dividend Reinvestment Plan, or the Plan. The Plan allows our existing shareholders to increase their holdings of our common PLAN HIGHLIGHTS •If you are an existing shareholder, you may purchase additional common shares by reinvesting all or a portion of thedividends paid on your common shares and by making optional cash investments of not less than $100 each and up to a •If you are a new investor, you may join the Plan by making an initial investment of not less than $250 and up to amaximum of $10,000. In some instances, we may permit initial investments in excess of this maximum. •As a participant in the Plan, you may authorize electronic deductions from your bank account for optional cashinvestments. •We may offer discounts ranging from 0% to 5% on optional and initial cash investments that are made pursuant to arequest for waiver (i.e., on investments that are in excess of $10,000). At our discretion the discount may be offered at Our common shares are listed on the New York Stock Exchange under the symbol “SFL.” On March 16, 2026, the lastreported sale price of our common shares on the New York Stock Exchange was $10.11 per share. Investing in our common shares involves risks. You should carefully consider each of the factors described under“Risk Factors” beginning on pageS-3 of this prospectus supplement, on page 7 of the accompanying base prospectus and in Neither the U.S. Securities and Exchange Commission, or the Commission, nor any state securities commission hasapproved or disapproved of these securities, or determined if this prospectus supplement or the accompanying base prospectus Prospectus SupplementABOUT THIS PROSPECTUS SUPPLEMENTS-1CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSS-2 RISK FACTORSS-3ENFORCEMENT OF CIVIL LIABILITIESS-4WHERE YOU CAN FIND ADDITIONAL INFORMATIONS-5THE COMPANYS-6DESCRIPTION OF THE PLANS-71.What is the Plan?S-72.What features does the Plan offer?S-73.Who is the Plan Administrator and what does the Plan Administrator do?S-7 ABOUT THIS PROSPECTUSPROSPECTUS SUMMARYCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSRISK FACTORSUSE OF PROCEEDSCAPITALIZATIONENFORCEABILITY OF CIVIL LIABILITIESDESCRIPTION OF SHARE CAPITALDESCRIPTION OF DEBT SECURITIESDESCRIPTION OF WARRANTSDESCRIPTION OF PURCHASE CONTRACTSDESCRIPTION OF RIGHTSDESCRIPTION OF UNITSPLAN OF DISTRIBUTIONTAX CONSIDERATIONSEXPENSESLEGAL MATTERSEXPERTSWHERE YOU CAN FIND ADDITIONAL INFORMATION ABOUT THIS PROSPECTUS SUPPLEMENT You should read both this prospectus supplement and the accompanying base prospectus, together with additional informationdescribed under the heading “Where You Can Find Additional Information” in this prospectus supplement and in the accompanyingbase prospectus. This prospectus supplement and the accompanying base prospectus are part of the registration statement on Form F-3ASR that we have filed with the Commission under the Securities Act of 1933, as amended, or the Securities Act. This prospectussupplement and the accompanying base prospectus do not contain all of the information in the registration statement. We have omitted Unless specifically noted otherwise in this prospectus supplement, all references to “we,” “us,” “our,” or the “Company” referto SFL Corporation Ltd. and its subsidiaries. If the information set forth in this prospectus supplement differs in any way from the information set forth in theaccompanying base prospectus, you should rely on the information set forth in this prospectus supplement. You should rely only on the information contained in or incorporated by reference into this prospectus supplement and theaccompanying base prospectus. This prospectus supplement may be used only for the purpose for which it has been prepared. No one We are not making an offer to sell our common shares in any jurisdiction where the offer or sale is not permitted. You shouldnot assume that the information appearing in this prospectus supplement, the accompanying base prospectus or any documentincorporated by reference herein or therein is accurate as of any date other than the date of the applicable document. Our business,financial condition, results of operations, and prospects may have changed since that date. Neither this prospectus supplement nor theaccompanying base prospectus constitutes an offer, or an invitation on our behalf, to subscribe for and purchase any of the securities, CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this prospectus supplement and the accompanying base prospectus, and the documents incorporated byreference may constitute forward-looking st