ABL Group — AGM Information 2021

May 21, 2021

Regarding Notice of Annual General Meeting 2021 - Amendment of item 6 Election of Board Members

Regarding Notice of Annual General Meeting 2021 - Amendment of item 6 Election of Board Members

Oslo, Norway – 21 May 2021 Reference is made to the stock exchange announcement on 19 May 2021 regarding Braemar Shipping Services Plc’s sale of its shares in AqualisBraemar LOC ASA. As a consequence, Mr Nick Stone has decided to withdraw his candidacy for a board position in AqualisBraemar LOC ASA.

The Nomination Committee has decided to recommend the Annual General Meeting to elect the following Board of Directors:

Glen Rødland, Chairman 2020‐2022

Yvonne L. Sandvold 2021‐2023

Synne Syrrist 2021‐2023

Rune Eng 2021‐2023

Election of additional Board member(s) will be considered in due course.

For further information, please contact:

Dean Zuzic, CFO, AqualisBraemar LOC ASA, tel: +47 41 43 35 60

About AqualisBraemar LOC ASA AqualisBraemar LOC ASA (OSE: AQUA) offers independent marine, engineering and adjusting consultancy to the global renewables, maritime, and oil and gas sectors. The group has offices in 38 countries worldwide. AqualisBraemar LOC ASA operates under seven brands: AqualisBraemar LOC, OWC, East Point Geo, Innosea, Longitude, JLA and ABL Yacht Services.