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ABL Group Remuneration Information 2015

Apr 20, 2015

3519_iss_2015-04-20_1ac35dd0-72d4-47c4-addb-823f568f072c.html

Remuneration Information

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Aqualis ASA : Share purchase scheme for staff

Aqualis ASA : Share purchase scheme for staff

20 April 2015 - Aqualis ASA is offering employees and exclusive contractors the

opportunity to buy shares in Aqualis ASA through a newly established share

scheme.

The share scheme allows eligible employees, and contractors who are working

exclusively with Aqualis, to subscribe for an annual Restricted Share Award for

a minimum price of NOK 10 000 and a maximum price of NOK 50 000 while the share

scheme is in operation.

Additionally, employees of Aqualis ASA may be offered shares under a separate

Performance Award. The maximum number of shares which can be offered to an

employee annually under a Performance Award ranges from 500 to 10 000, depending

on the employee's job grade at the time of the offer.

All shares purchased under the share scheme are subject to a lock-up period of

two years from the day the shares are transferred to the scheme participants'

VPS accounts. Under the scheme, participants will normally be offered a discount

of 20 percent to the average market price. Offers under the scheme will be made

once a year, ordinarily at the beginning of May; however, in 2015 offers will be

made in June.

The scheme aims to recognize that the services of staff are important to the

development, growth and success of both Aqualis and its customers, and

ultimately contribute towards creating shareholder value.

Shares to be issued under the scheme may be made available from authorized but

unissued shares, treasury shares or shares purchased by Aqualis ASA on the open

market or otherwise. Implementation of the scheme is subject to approval of an

increased share authorization for the scheme at the upcoming Annual General

Meeting in May.

ENDS

For further information, please contact:

Investors

Christian Opsahl, CFO

Tel: +47 901 101 53

E-mail: [email protected]

Media

Endre Aaberg Johansen, Corporate Communications AS

Tel: +47 41 61 06 05

E-mail: [email protected]

About Aqualis ASA

Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries,

offers marine and engineering consultancy services to the offshore oil, gas and

renewable sectors globally. The group employs approximately 200 highly

experienced consultants across 13 offices in 10 countries worldwide. Aqualis ASA

operates under two different brands: Aqualis Offshore and Offshore Wind

Consultants. Aqualis Offshore is a specialized offshore marine and engineering

consultancy firm, focusing on the shallow and deep-water offshore segments of

the oil and gas industry. Offshore Wind Consultants is a globally focused

consultancy providing independent services to the offshore renewables industry.

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