Argeo AS

Share Issue/Capital Change • Jun 11, 2024

Argeo AS: Key information relating to reverse share split and change of ISIN

Argeo AS: Key information relating to reverse share split and change of ISIN

Asker, 11 June 2024: Reference is made to the stock exchange release from Argeo AS ("Argeo" or the "Company") (Euronext Growth: ARGEO) published on 6 June 2024 regarding the annual general meeting having resolved upon a reverse share split of the Company's shares (the "Reverse Share Split") in relation to a potential uplisting to Oslo Børs.

Please note the following key information in relation to the Reverse Share Split:

- Date on which the corporate action was made public: 23 May 2024

- Date of approval: 6 June 2024

- Reverse split ratio: five (5) old shares give one (1) new share

- Last day including right: 18 June 2024

- Ex-date: 19 June 2024

- Record date: 20 June 2024

In connection with the Reverse Share Split, Argeo's shares will be transferred to a new ISIN.

Please note the following key information for the change of ISIN:

- Issuer: Argeo AS

- Previous ISIN: NO0010946593

- New ISIN: NO0013257410

- Date of ISIN change: 21 June 2024

For more information, please contact:

Trond Figenschou Crantz, CEO

Email: trond.crantz@argeo.no

Phone: +47 976 37 273

About Argeo

Argeo is an Offshore Service company with a mission to transform the ocean surveying and inspection industry by utilising autonomous surface and underwater robotics solutions. Equipped with unique sensors and advanced digital imaging technology, the Autonomous Underwater Vehicles (AUV’s) will significantly increase efficiency and imaging quality in addition to contributing to significant reduction in CO2 emissions from operations for the global industry in which the Company operates. The Company’s highly accurate digital models and digital twin solutions are based on geophysical, hydrographic, and geological methods from shallow waters to the deepest oceans for the market segments Oil & Gas, Renewables, Marine Minerals and Offshore Installations. Argeo was established in 2017 and has offices in Asker (Oslo), Tromsø, Stockholm, Houston, and Singapore. Since its incorporation, Argeo has carried out complex projects for some of Norway’s largest companies in the field.

The company is listed on Euronext Growth Oslo under the ticker: ARGEO.

Please visit www.argeo.no for more information.