GC Rieber Shipping

AGM Information • Dec 8, 2023

PROTOKOLL

(OFFICE TRANSLATION)

MINUTES OF

EKSTRAORDINÆR GENERALFORSAMLING

I

GC RIEBER SHIPPING ASA ORG NR 987 974 532

Den 8. desember 2023 kl 09.00 ble det holdt ekstraordinær generalforsamling i GC Rieber Shipping ASA ("Selskapet") i lokalene til Selskapet.

Generalforsamlingen ble innkalt med kortere innkallingsfrist enn det som følger av allmennaksjeloven og innkallingen inneholdt ikke opplysninger etter § 2 i forskrift av 6. juli 2009 nr. 983 (forskrift om selskapets opplysningsplikt før og etter generalforsamling i visse allmennaksjeselskaper). Fravikelse fra disse reglene

forutsetter samtykke fra generalforsamlingen jf. sak 3 nedenfor.

Følgende ble behandlet:

1 ÅPNING AV GENERALFORSAMLINGEN VED STYRETS LEDER OG REGISTRERING AV ENEAKSJONÆR

Generalforsamlingen ble åpnet av styrets leder Jan Roger Bjerkestrand.

Selskapets eneaksjonær GC Rieber AS, som eier samtlige av Selskapets 86 087 310 aksjer, var til stede ved Jan Roger Bjerkestrand. 100% av Selskapets stemmeberettigede aksjer var således representert i generalforsamlingen.

EXTRAORDINARY GENERAL MEETING

IN

GC RIEBER SHIPPING ASA REG NO 987 974 532

On 8 December 2023 at 09.00 hours (CEST), an extraordinary general meeting of GC Rieber Shipping ASA (the "Company") was held at the offices of the Company.

The general meeting was summoned with a shorter notice period than prescribed by the Norwegian Public Limited Liability Companies Act and the notice did not include information pursuant to section 2 of the regulation of 6 July 2009 no. 983 (regulation on the company's information duty before and after the general meeting in certain public limited liability companies). Deviation from such rules is subject to approval from the general meeting cf. item 3 below.

The following matters were discussed:

1 OPENING OF THE GENERAL MEETING BY THE CHAIRMAN AND REGISTRATION OF THE SOLE SHAREHOLDER

The General Meeting was opened by the Chairman of the Board of Directors Mr Jan Roger Bjerkestrand.

The Company's sole shareholder GC Rieber AS, who owns all of the Company's 86,087,310 shares, was present and represented by Jan Roger Bjerkestrand. Thus, 100% of the shares with voting rights were represented in the general meeting.

2

VALG AV MØTELEDER 2

Einar Ytredal ble valgt til møteleder. Beslutningen var enstemmig.

GODKJENNELSE AV INNKALLING OG 3 DAGSORDEN

Møteleder redegjorde for bakgrunnen for at styret hadde foreslått å sende ut innkalling med kortere frist enn bestemt i allmennaksjeloven, samt at innkallingen ikke inneholdt alle opplysningene beskrevet i § 2 i forskrift av 6. juli 2009 nr. 983 (forskrift om selskapets opplysningsplikt før og etter generalforsamlingen i visse allmennaksjeselskaper), blant annet at Selskapet bare har en aksjonær, at eneaksjonæren var kjent med de aktuelle forholdene og hadde på forhånd godkjent nevnte avvik i innkallingen.

Møteinnkallingen og dagsorden ble godkjent av generalforsamlingen.

VALG AV ÉN PERSON TIL Å 4 MEDUNDERTEGNE PROTOKOLLEN SAMMEN MED MØTELEDER

Einar sammen med møtelederen. Beslutningen var enstemmig.

5 SØKNAD OM STRYKNING AV SELSKAPETS AKSJER FRA NOTERING PÅ OSLO BØRS

I samsvar med styrets forslag fattet generalforsamlingen følgende beslutning:

Selskapet skal så snart som mulig søke Oslo Børs om strykning av Selskapets aksjer fra notering i henhold til Oslo Regelbok II – Utstederregler punkt

ELECTION OF A PERSON TO CHAIR THE MEETING

Mr Einar Ytredal was elected to chair the meeting. The decision was unanimous.

3 APPROVAL OF THE NOTICE AND AGENDA

The chairman gave an account of the background relating to the board's proposal to distribute a notice for the general meeting with a shorter notice period than prescribed by the Norwegian Public Limited Liability Companies Act, as well as the notice excluding information described in section 2 of the regulation of 6 July 2009 no. 983 (regulation on the company's information duty before and after the general meeting in certain public limited liability companies), amongst other reasons that the Company only has one shareholder, that the sole shareholder was familiar with circumstances in question and had in advance approved the deviations in the notice.

The notice and agenda were approved by the general meeting.

ELECTION OF A PERSON TO CO-SIGN THE MINUTES TOGETHER WITH THE CHAIRPERSON

Einar Ytredal was elected to sign the minutes together with the Chairman of the meeting. The decision was unanimous.

APPLICATION ON DELISTING OF THE 5 COMPANY'S SHARES FROM OSLO BØRS

In accordance with the board's proposal, the general meeting made the following resolution :

The Company shall as soon as possible apply to Oslo Børs for a delisting of the Company' shares in accordance with section 2.11.2 (3) of Oslo Rulebook

4

2

6

7

2.11.2 (3). Generalforsamlingen gir fullmakt til styrets leder av GC Rieber Shipping ASA, til å opptre på Selskapets vegne i forbindelse med søknaden, herunder, men ikke begrenset til, å ferdigstille og signere søknaden, samt levere ethvert annet dokument og foreta enhver annen handling som er nødvendig for å iverksette og/eller gjennomføre strykningen av Selskapets aksjer fra Oslo Børs.

6 OMDANNING AV SELSKAPET TIL ET AKSJESELSKAP OG VEDTEKTSENDRINGER

I samsvar med styrets forslag fattet generalforsamlingen følgende beslutning:

Med virkning fra tidspunktet Selskapets aksjer er strøket fra notering på Oslo Børs, jf. punkt 5 over, omdannes Selskapet fra et allmennaksjeselskap til et aksjeselskap, jf. allmennaksjeloven § 15-1.

II - Issuer Rules. The general meeting hereby grants the chariman of the board of GC Rieber Shipping ASA, to act on behalf of the Company in connection with the application, including, but not limited to, to complete and sign the application, as well as to deliver any other document and to take any other action required initiate and/or complete the delisting of the Company's shares from Oslo Børs.

TRANSFORMATION OF THE COMPANY TO A PRIVATE LIMITED LIABILITY COMPANY AND AMENDMENTS TO THE ARTICLES OF ASSOCIATION

In accordance with the board's proposal, the general meeting made the following resolution:

Effective from the time the shares in the Company shares are delisted from Oslo Børs, cf. section 5 above, the Company is transformed from a public limited liability company to a private limited liability company, cf. the Norwegian Public Limited Liability Companies Act section 15-1.

7 ENDRING AV VEDTEKTER

I samsvar med styrets forslag fattet generalforsamlingen følgende beslutning:

Fra det tidspunkt omdanningen er registrert i Foretaksregisteret skal vedtektene lyde:

હ 1:

«Selskapets foretaksnavn er GC Rieber Shipping Holding AS. Selskapet er et selskap med begrenset ansvar hvis formål er å drive med shipping, investering, garantistillelse, handel og annen virksomhet.

Selskapets forretningskontor er i Bergen kommune.»

ફ 3:

"Styret i selskapet skal bestå av tre (3) til syv (7) medlemmer som velges av generalforsamlingen. Styrets leder og nestleder velges av

AMENDMENTS TO THE ARTICLES OF ASSOCIATION

In accordance with the board's proposal, the general meeting made the following resolution:

From the time the transformation is registered in the Norwegian Register for Business Enterprises the Articles of Association shall read:

Section 1 :

"The name of the company is GC Rieber Shipping Holding AS. The company is a limited liability company whose object is to engage in shipping, investment, provision of guarantees, trade and other business.

The company's registered office is located in the municipality of Bergen."

Section 3:

"The board of directors of the Company shall have from three (3) to seven (7) members elected by the General Meeting. The chairman of the board and the

/ GC RIEBER SHIPPING ASA / Visit address: Solheimsgaten 15, 5058 Bergen, Norvay / Postal address: P.O. Box 1114 Sentrum, 5809 Bergen, Norway / / Tel: +47 55 60 68 00 / www.gcrieber-shipping.no /

generalforsamlingen. Selskapet skal ha en administrerende direktør. "

& 5:

"For øvrig henvises til den til enhver tid gjeldende aksjelovgivning."

* * * *

Alle beslutninger var enstemmige da eneaksjonær stemte for. Mer forelå ikke til behandling.

Generalforsamlingen ble deretter hevet og protokollen signert.

Jan Roger Bjerkestrand

deputy chairman are elected by the General Meeting. The company shall have one CEO."

Section 5

"For other matters, reference is made to the provisions of the Norwegian Private Limited Liability Companies Act, as amended from time to time."

***

All resolutions were unanimous as the sole shareholder votes in favour of them. There were no further matters on the agenda.

The general meeting was adjourned and the minutes signed.

Einar/ tredal

Vedlegg: Vedtekter godkjent av generalforsamlingen den 8 desember 2023

Appendixes: Articles of association approved by the general meeting on 8 December 2023

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ARTICLES OF ASSOCIATION

Approved by the General Meeting on 8 December 2023. From the time the transformation is registered in the Norwegian Register for Business Enterprises the Articles of Association shall read:

Article 1

The name of the company is GC Rieber Shipping Holding AS. The company is a limited liability company whose object is to engage in shipping, investment, provision of guarantees, trade and other business.

The company's registered office is located in the municipality of Bergen.

Article 2

The company's share capital is NOK 154,957,158, divided into 86,087,310 shares, each with a nominal value of NOK 1, 80 fully paid.

The Company's shares shall be registered in the Norwegian Central Securities Depository.

Article 3

The board of directors of the Company shall have from three (3) to seven (7) members elected by the General Meeting. The chairman of the board and the deputy chairman are elected by the General Meeting.

The company shall have one CEO.

Article 4

Two members of the board of directors jointly or the chairman of the board alone may sign for and behalf of the company.

Article 5

For other matters, reference is made to the provisions of the Norwegian Private Limited Liability Companies Act, as amended from time to time.