Akastor — AGM Information 2020

Mar 25, 2020

Akastor ASA: Notice of Annual General Meeting

Akastor ASA: Notice of Annual General Meeting

The Annual General Meeting of Akastor ASA will be held on Wednesday 15 April

2020 at 09:00 CEST at Oksenøyveien 10, 1366 Lysaker, Norway.

Extraordinary precautions due to the COVID-19 situation: In order to comply with

regulatory requirements to decrease the risk of the coronavirus spread,

Akastor's shareholders and other stakeholders are urged not to physically attend

the meeting, but rather to use the available means to vote electronically prior

to the meeting.

Please find attached the following documents:

· Notice of annual general meeting including notice of attendance/proxy forms

· The board of directors' proposed resolutions

· Proposal from the nomination committee

· The board of directors' statement on remuneration to the executive

management

All the documents to be processed at the general meeting are available at the

company's website www.akastor.com.

For further information, please contact:

Eirik Thomassen

Head of Legal, Risk & Compliance

Mobile: +47 99 51 35 80

E-mail: eirik.thomassen@akastor.com

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.