Electromagnetic Geoservices ASA

Capital/Financing Update • Nov 19, 2015

Denne melding til obligasjonseierne er kun utarbeidet på engelsk. For informasjon vennligst kontakt Nordic Trustee ASA.

To the bondholders in:

ISIN: NO0010682537 - FRN Electromagnetic Geoservices ASA Senior Unsecured Callable Bond Issue 2013/2016

Oslo, 19 November 2015

Notice from Bondholders' Meeting

Today a Bondholders' meeting was held pursuant to summons of 5 November 2015.

There were sufficient Bondholders present at the meeting to form a quorum. The proposed resolution obtained 88.96 % of the votes, and the proposal was adopted according to the voting requirements of the Bond Agreement. The Bond Agreement will therefore be changed as set out in the summons to the meeting.

Yours sincerely Nordic Trustee ASA

6 2 Jan