Electromagnetic Geoservices ASA

Pre-Annual General Meeting Information • May 6, 2025

EMGS: Summons for written resolution in relation to Elec ASA 18/25 FRN USD FLOOR STEP C CONV

EMGS: Summons for written resolution in relation to Elec ASA 18/25 FRN USD FLOOR STEP C CONV

Reference is made to the stock exchange notification published by

Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 6 May 2025

regarding the Siem Day transaction, including the information therein regarding

a proposed extension of the maturity date for Elec ASA 18/25 FRN USD FLOOR STEP

C CONV ("EMGS03") as well as certain other proposed amendments to the bond terms

related to the transaction.

Attached hereto is a summons for a written resolution by the bondholders in

EMGS03.

The proposed amendments are supported by bondholders holding a number of bonds

sufficient to approve the proposed written resolution.

Contact

Anders Eimstad, CFO, +47 948 25 836

This information is published in accordance with the Norwegian Securities

Trading Act § 5-12.

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. CSEM technology can also be used to detect the

presence of marine mineral deposits (primarily Seabed Massive Sulphides) and in

other offshore construction and exploration activity.