Aker BioMarine — AGM Information 2021

Mar 5, 2021

Aker BioMarine AS: Notice of Annual General Meeting (including proposal to convert to a public limited liability company)

Aker BioMarine AS: Notice of Annual General Meeting (including proposal to convert to a public limited liability company)

Fornebu, 5 March 2021

The Annual General Meeting of Aker BioMarine AS will be held on Friday 12 March 2021 at 14:00 CET at Akerkvartalet, Oksenøyveien 10, 1366 Lysaker, Norway.

Due to the Covid-19 situation, we urge shareholders to issue a proxy to the meeting chair, and not attend physically. Go to www.akerbiomarine.com to submit proxies within the deadline March 11, 2021 at 16:00 CET.

The board has called for this general meeting in order to make the necessary resolutions to be able to be listed on Oslo Børs, such as

a) Conversion to a public limited liability company (ASA)

b) New board directors;

a. Anne Harris is proposed as new independent board director

- Expertise within finance and accounting

- Currently CFO in Statkraft, a leading company within sustainability work

- 15 years of executive experience from Norsk Hydro, Entra Eiendom, and Multiconsult

- Education from BI, Norwegian School of Management

b. Cilia Holmes Indahl is proposed as new independent board director

- Strong experience and expertise within sustainability

- Currently Head of EQT Foundation

- Previously CEO of Katapult Group and Director of Sustainability in Aker BioMarine

- Education from NHH and HEC

If Harris and Indahl is elected, the board will be comprised of Ola Snøve (Chair), Kjell Inge Røkke, Øyvind Eriksen, Anne Harris, Cilia Holmes Indahl, Sindre Skjong (employee elected representative) and Line Johnsen (employee elected representative. In addition, Frank Reite will be deputy for Øyvind Eriksen.

c) Establishment of a nomination committee

a. Proposed members are Ingebret Hisdal(consultant IGH Consulting, committee chair) and Svein Oskar Stoknes(CFO Aker ASA)

The company plans to move from Euronext Growth to Oslo Børs within 16 April 2021.

Please find attached the Notice of annual general meeting including notice of attendance and proxy forms. All the documents to be processed at the general meeting, including the Annual Report for 2020, updated articles of association and proposed instructions for the nomination committee are available at the company's website www.akerbiomarine.com.