Fjord Defence Group ASA

Share Issue/Capital Change • Jul 2, 2019

Ex reverse split, new face value, new name and new ticker

Ex reverse split, new face value, new name and new ticker

Reference is made to announcement from the company 02.07.2019.

Ex reverse split:

The shares in Songa Bulk ASA will be traded ex reverse split and new face value as from 03.07.2019.

Ratio: 50 old shares give 1 new share.

New - Face value: 1,3950

New - EMS: 500

No change - ISIN: NO0010778095

No change - Tick Size Table: OBEQ_PT_10

No change - Instrument ID: 1302814

No change – Trading Currency: NOK

No change - Segment: OAX

New name:

Songa Bulk ASA changes the company name to Axxis Geo Solutions ASA. The company will be listed on Oslo Børs with the new name Axxis Geo Solutions ASA, and new ticker AGS from 03.07.2019.

*Note: Any overnight orders will be deleted by the Exchange after 16:45