Fjord Defence Group ASA

AGM Information • Sep 9, 2021

Carbon Transition ASA - notice of Extraordinary General Meeting on 30 September 2021

Carbon Transition ASA - notice of Extraordinary General Meeting on 30 September 2021

Lysaker, 9 September 2021

The Company hereby calls for an extraordinary general meeting to be held on 30 September 2021 at the Company's offices at Askekroken 11, 0277 Oslo at 10:00 CET.

Due to the extraordinary situation caused by the COVID-19 pandemic, and in light of the travel and meeting recommendations and restrictions currently in place, the Company has found it necessary to urge shareholders to either vote electronically in advance or submit proxy forms prior to the meeting and to not attend the meeting in person. Please find attached the calling notice with appendices, including relevant attendance and proxy forms.

Advance votes please register through the Company’s website www.axxisgeo.com (use ref.nr and pin code included in the notice) or through VPS Investor Services. In Investor Services chose Corporate Actions - General Meeting, click on ISIN. If you are not able to register this electronically, you may send by e-mail to genf@dnb.no, or by regular Mail to DNB Bank ASA, Registrars Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway. Instructions on how to submit proxy forms are included in Appendix A of the notice.

To register your attendance, please register through the Company’s website www.axxisgeo.com or through VPS Investor Services.

Furthermore, the Company will arrange for shareholders to be able to call in to the general meeting and as such participate in the meeting. Votes cannot be cast over telephone. The call-in details are as follows: +47 21 40 21 36, conference ID: 457 150 908#.

Contacts

Ronny Bøhn, CEO

Ronny.Bohn@axxisgeo.com

+47 905 58 517

Nils Haugestad, CFO

Nils.Haugestad@axxisgeo.com

+47 977 04 439

About Carbon Transition ASA

Carbon Transition ASA ("CARBN") is an investment company listed on EURONEXT EXPAND OSLO. CARBN has a focus towards investing in companies and technologies engaged in the "energy transition" area, which contribute to significant reductions of carbon emissions. CARBN may also invest more broadly in the "energy transition" space. CARBN has a legacy OBN seismic business operating under the name Axxis Geo Solutions, with both a node-technology seismic contract business and a multi-client library. This business unit is categorized as an investment and revenues generated from this business unit may be invested in the “energy transition” area.

More information on www.axxisgeo.com

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.