Awilco LNG

AGM Information • May 7, 2025

MINUTES FROM THE ANNUAL GENERAL MEETING IN AWILCO LNG ASA* (org. no. 996 564 894)

In accordance with section 5-8 of the Norwegian Public Limited Liability Companies Act, the general meeting of Awilco LNG ASA took place on May 7, 2025 at 15:00 CET as a phone conference.

The following business was considered:

1. Opening of the General Meeting by the Chair of the Board, including registration of the shares in attendance

The Chair of the Board, Synne Syrrist, opened the meeting and registered the shareholders in attendance and proxies.

The Company's share capital is at present NOK 13 254 861.10 divided into 132 548 611 shares, each with a nominal value of NOK 0.10 and each representing one vote at the Company's General Meeting.

A total of 53 116 850 of the Company's shares were represented at the General Meeting, of which 1 982 225 were represented by proxy and 20 545 by advance voting. The 53 116 850 shares represent 40.1 % of the total number of shares of the Company. A list of the number of shareholders in attendance and proxies, and number of shares they represent, is attached.

2. Election of the Chair of the meeting, and of at least one person to countersign the minutes of the meeting together with the Chair of the meeting

With 53 087 510 shares voting in favour, 0 shares voting against and 29 340 shares abstaining from voting, the General Meeting made the following decision:

"Synne Syrrist is elected to chair the meeting. Jens-Julius Nygaard is elected to countersign the minutes."

3. Approval of the notice of the Annual General Meeting and the agenda

With 53 108 055 shares voting in favour, 0 shares voting against and 8 795 shares abstaining from voting, the General Meeting made the following decision:

"The notice and agenda are approved."

4. Approval of the financial statements and the report from the Board of Directors for the financial year 2024.

The financial statements and the report from the Board of Directors for the financial year 2024 were presented, together with the auditor's report.

With 53 108 055 shares voting in favour, 0 shares voting against and 8 795 shares abstaining from voting the General Meeting made the following proposal:

"The financial statements and the report from the Board of Directors for the financial year 2024 are approved.

5. The Board of Directors' report on corporate governance

The General meeting considered the report on corporate governance prepared in accordance with Section 3-3b of the Norwegian Accounting Act. No remarks to the report were made by the General Meeting.

6. Approval of the Board of Directors' report on remuneration to leading persons

The Board of Directors' report on remuneration to leading persons was considered by the General Meeting.

In accordance with the Board of Directors' proposal, the General Meeting resolved as follows:

« The general meeting endorses the remuneration report for leading persons for 2024.»

7. The Board of Directors' guidelines regarding remuneration to leading persons

The Board of Directors' guidelines regarding remuneration to leading persons was considered by the General Meeting.

With 51 149 430 shares voting in favour, 1 958 430 shares voting against and 8 795 shares abstaining from voting the General Meeting made the following proposal:

«The General Meeting approve the guidelines remuneration to leading persons.»

8. Approval of remuneration to the Directors and the members of the Nomination Committee

The Nomination Committee's proposal was presented.

With 53 093 055 shares voting in favour, 0 shares voting against and 23 795 shares abstaining from voting the General Meeting made the following proposal:

"The proposal by the Nomination Committee is approved. The following fees shall be paid to the Chairman of the Board, Directors, and members of Board committees and members of the Nomination Committee for the period May 7, 2025 until May 7, 2026:

The Chair of the Board:	NOK 450,000-
Directors:	NOK 300,000-
Members of Board committees:	NOK 50,000-
Chairman of the Nomination Committee:	NOK 35,000-
Member of the Nomination Committee:	NOK 30,000-

Directors' fees are to be paid quarterly in advance."

9. Approval of auditor's fees

Synne Syrrist informed that the auditors' fee to EY for 2024 was NOK 541,000- excl. VAT for statutory audit of Awilco LNG ASA.

With 53 093 055 shares voting in favour, 0 shares voting against and 23 795 shares abstaining from voting the General Meeting made the following proposal:

"The auditor's fee of NOK 541,000- for statutory audit in 2024 is approved."

10. Election of members of the Nomination Committee

The Nomination Committee's proposal was presented.

With 53 093 055 shares voting in favour, 0 shares voting against and 23 795 shares abstaining from voting the General Meeting made the following proposal:

«The proposal by the Nomination Committee is approved. The following are elected as members of the Nomination Committee of Awilco LNG ASA: Mr. Eric Jacobs is re-elected for a period of two years.»

11. Election of Board of Directors

The Nomination Committee's proposal was presented.

With 51 149 625 shares voting in favour, 1 958 430 shares voting against and 8 795 shares abstaining from voting the General Meeting made the following proposal:

«The proposal from Nomination Committee is approved and Mrs. Synne Syrrist, Mr. Jens-Julius R. Nygaard and Mrs. Annette Beate Wacknitz Malm Justad are re-elected for a period of two years.

Further with 51 134 625 shares voting in favour, 1 958 430 shares voting against and 23 795 shares abstaining from voting the General Meeting made the following proposal:

"Mr. Jens Ismar is elected for a period of one year to replace Mr. Jon-Aksel Torgersen, who has elected to step down.»

There were no further items on the agenda and the meeting was adjourned.

Oslo, May 7, 2025 Synne Syrist

Jens-Julius Nygaard

AWILCO LNG ASA - Annual General Meeting 7 May 2025

Attendance Summary Report

	Registered Attendees	No. of shares
Total attending	1	51 114 080
Total with proxy	7	1 982 225
Total advance voting	1	20 545
Total attending and advance votes	g	53 116 850
Number of issued shares Total attending in %		132 548 611 40,1

The following were also present: Jon Skule Storheill, CEO Awilco LNG ASA Per Heiberg, CFO Awilco LNG ASA