OKEA ASA

AGM Information • Apr 24, 2020

OKEA ASA - Minutes of Annual General Meeting

OKEA ASA - Minutes of Annual General Meeting

OKEA ASA - Minutes of Annual General Meeting

On 24 April 2020 at 0830 CET, OKEA ASA ('Company'), held an Annual General

Meeting at the Company's offices in Ferjemannsveien 10, Trondheim.

All items on the agenda were resolved in accordance with the Board of Directors'

proposals, including the proposal to grant the Board authorisation to increase

the share capital by a maximum amount of NOK 1 025 025 in one or more share

capital increases through issuance of new shares.

At the General Meeting Chaiwat Kovavisarach was re-elected as Chairman of the

Board, Michael William Fischer was re-elected as Board member and Paul Murray

was elected as a new Board member.

Please find enclosed the minutes from the general meeting.

For further information, please contact:

VP Investor Relations Ståle Myhre, +47 917 51 878

About OKEA

OKEA ASA is an Exploration and Production (E&P) company and operator on the

Norwegian Continental Shelf with production of ~19,000 boe per day. The company

aims to grow through low-cost field developments of discoveries with reserves up

to 100 million boe and mergers and acquisitions (M&A). The operating

organisation is built on the acquisition of the producing field Draugen in 2018.

OKEA ASA is listed on Oslo Stock Exchange under the ticker "OKEA".

More information on www.okea.no