Electromagnetic Geoservices ASA

Board/Management Information • May 20, 2019

EMGS: Proposed changes to the board of directors

EMGS: Proposed changes to the board of directors

The chairman of the board of directors of Electromagnetic Geoservices ASA

("EMGS" or the "Company"), Mr Eystein Eriksrud, has today notified the Company

that he will not seek re-election at the end of his current service period.

The Company has further been informed that Ms Anne Øian, a member of the board

of directors of EMGS, will also abstain from seeking re-election at the end of

her service period.

This means that Mr Eriksrud and Ms Øian will both step down from the board of

directors of EMGS at the annual general meeting scheduled for 13 June 2019 (the

"AGM").

The nomination committee of EMGS has informed the Company that it will propose

to the AGM that Mr Johan Kr. Mikkelsen, a current member of the board of

directors, is elected as the new chairman of the board.

The nomination committee has further informed that it will propose that Ms

Alexandra A. Herger is elected as a new member of the board of directors at the

AGM. Ms Herger has over 40 years of experience from the E&P industry, and holds

several other directorships, including as a member of the board of directors of

Oslo listed Panoro Energy ASA and Stockholm listed Tethys Oil

Contact

Hege Veiseth, CFO, +47 992 16 743

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.

For more information, visit www.emgs.com (http://www.emgs.com/)

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act