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Electromagnetic Geoservices ASA

AGM Information Jun 11, 2019

3587_iss_2019-06-11_2883cb65-67eb-42b1-be85-93b32036d638.html

AGM Information

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EMGS: Disclosure of proxy votes for annual general meeting 13 June 2019

EMGS: Disclosure of proxy votes for annual general meeting 13 June 2019

The chairman of the board of directors of Electromagnetic Geoservices ASA

("EMGS" or the "Company"), Mr Eystein Eriksrud, has received open proxies to

represent and vote for 60,795,914 shares at the general meeting of the Company

13 June 2019.

In addition, Mr Eriksrud will represent Laburnum AS, an entity controlled by Mr

Eriksrud and which holds 299,271 shares in EMGS.

In total, Mr Eriksrud will hence represent and vote for 61,095,185 shares at the

AGM, corresponding to approx. 46.65 per cent of the total number of outstanding

shares in the Company.

Contact

Hege Veiseth, CFO, +47 99 21 67 43

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM)

technology to support oil and gas companies in their search for offshore

hydrocarbons. EMGS supports each stage in the workflow, from survey design and

data acquisition to processing and interpretation. The Company's services enable

the integration of EM data with seismic and other geophysical and geological

information to give explorationists a clearer and more complete understanding of

the subsurface. This improves exploration efficiency and reduces risks and the

finding costs per barrel.

EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston,

Mexico City, Rio de Janeiro and Kuala Lumpur.

The chairman of the board of directors of Electromagnetic Geoservices ASA

("EMGS" or the "Company"), Mr Eystein Eriksrud, has received open proxies to

represent and vote for 60,795,914 shares at the general meeting of the Company

13 June 2019.

In addition, Mr Eriksrud will represent Laburnum AS, which holds 299,271 shares

in EMGS.

In total, Mr Eriksrud will hence represent and vote for 61,095,185 shares in the

Company at the AGM, corresponding to approx. 46.65 per cent of the total number

of outstanding shares in the Company.

Contact

Hege Veiseth, CFO, +47 99 21 67 43

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM)

technology to support oil and gas companies in their search for offshore

hydrocarbons. EMGS supports each stage in the workflow, from survey design and

data acquisition to processing and interpretation. The Company's services enable

the integration of EM data with seismic and other geophysical and geological

information to give explorationists a clearer and more complete understanding of

the subsurface. This improves exploration efficiency and reduces risks and the

finding costs per barrel.

EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston,

Mexico City, Rio de Janeiro and Kuala Lumpur.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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