AKVA Group — AGM Information 2016

May 10, 2016

Shares represented in AGM

	Representing		own Represented by Proxy				with Total	shares
	shares		proxy		without voting		attending AGM
			voting		instructions
Name			instructions
1 Egersund Group AS	13 203 105							13 203 105
2 Wheatsheaf Investments Inc.		3 900 000						3900000
3 Kjerby AS				63800				63 800
4 Verkvelven AS		400						400
5 Andreas Pierre Hatjoullis		886						886
6 Arent Kragh				240				240
7 Grude AS		886						886
8 Erik Hars				6456				6456
9 DNB SMB				370447				370447
LO Eika Norge				489 417				489 417
1. Metzler International Investments						78 000		78 000
L2 Verdipapirfondet Alfred Berg						965 820		965 820
3 Trond Severinsen		23 3 11						23 311
4 Eirik Børve Monsen		20886						20886
5 Trond Williksen		40 8 86						40886
6 Gunnar Kluge		95 579						95 579
7 Askvig AS		100 000						100 000
Total	17 385 939			930 360	1043820			19 360 119
Percentage of total shares		67,30%		3,60%		4,04%		74,94%

Total number of shares

Percentage represented at GM

DAG ERIK RASMUSSEN

$10\%$ anna

25 834 303

74,94%

GUNNAR KLUGE

AKVA group ASA - Annual General Meeting 10 May 2016

Total shareholders represented

ISIN:	Shares represented in AGM
Date of General Meeting:	10.05.2016 at 17:00 CET
Date of today:	10.05.2016

Number of persons entitled to vote represented / present in the meeting: Proxy of all represented

6 10,20%

Total number of shares	25 834 303
- the company's own shares
Total number of shares entitled to vote	25 834 303
Represented by own shares	17 385 939	67,30 %
Total own shares	17 385 939	67,30 %
Represented by proxy without voting instructions	930 360	3,60%
Represented by proxy with voting instructions	1043820	4,04 %
Total proxy	1974 180	7,64 %
Total shares represented entitled to vote	19 360 119	74,94 %
Total represented of the share capital	19 360 119	74.94%

Whis o hounal

GUNNAR KLUGE

DAG

ERIK

RASMUSSEN

Minutes from the Annual General Meeting in AKVA group ASA

ISIN: Date of General Meeting:	Shares represented in AGM 10.05.2016 at 17:00 CET
Date of today:	10.05.2016
						Total represented of
Share category	In favour	Against	Abstention	Total voted	Not voted	the share capital
Item 2 Election of chair of the meeting and of a person to co-sign the meeting minutes along with meeting chair Ordinary	19 360 119			19 360 119	ä,	19 360 119
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented Total	100,00%	0,00%	0,00%	100,00%
	19 360 119	٠.	۰	19 360 119		19 360 119
Item 3 Approval of the notice to the meeting and the agenda
Ordinary % of votes	19 360 119 100,00%	٠ 0,00%	$\overline{\phantom{a}}$ 0,00%	19 360 119	٠ 0,00%	19 360 119
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	19 360 119	٠	$\overline{\phantom{a}}$	19 360 119		19 360 119
Item 4.2 Approval of the 2015 annual accounts of AKVA group ASA and the Group, and the Board's Annual Report
Ordinary	19 360 119			19 360 119		19 360 119
% of votes % of share capital represented	100,00% 100,00%	0,00% 0,00%	0,00% 0,00%	100,00%	0,00%
Total	19 360 119	$\ddot{\phantom{a}}$	٠	19 360 119		19 360 119
Item 4.3 Determination of board members' remuneration Ordinary	19 360 119	$\sim$		19 360 119		19 360 119
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	19 360 119	٠		19 360 119		19 360 119
Item 4.4 Determination of Nomination Committee members' remuneration
Ordinary	19 360 119	×,	$\ddot{}$	19 360 119		19 360 119
% of votes % of share capital represented	100,00% 100,00%	0,00% 0,00%	0.00% 0,00%	100,00%	0,00%
Total	19 360 119	$\bullet$	$\sim$	19 360 119	×	19 360 119
Item 4.5 Approval of auditor's fees
Ordinary	19 360 119			19 360 119		19360119
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented Total	100,00% 19 360 119	0,00% $\tilde{\phantom{a}}$	0,00% ٠	100,00% 19 360 119		19 360 119
Item 4.6 Election of auditor
Ordinary % of votes	19 360 119 100,00%	0,00%	0,00%	19 360 119	0,00%	19 360 119
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	19 360 119	$\overline{\phantom{a}}$	۰.	19 360 119	٠	19 360 119
Item 4.7 Advisory vote on the board's guidelines for the remuneration of leading employees
Ordinary	18 316 299	1043820	$\sim$	19 360 119		19 360 119
% of votes	94,61%	5,39%	0,00%		0,00%
% of share capital represented Total	94,61% 18 316 299	5,39% 1043820	0,00% ٠	100,00% 19 360 119		19 360 119
item 4.8 Approval of the board's guidelines for share-linked incentive arrangements for leading employees Ordinary	18316299	1043820		19 360 119	۰	19360119
% of votes	94,61%	5,39%	0,00%		0,00%
% of share capital represented	94,61%	5,39%	0,00%	100,00%
Total	18 316 299	1043820	٠	19 360 119	×	19 360 119
Item 4.9 Consideration of the board's statement on corporate governance in accordance with the Norwegian Accounting Act 3-3b
Ordinary	19 360 119			19 360 119		19 360 119
% of votes % of share capital represented	100,00% 100,00%	0,00% 0,00%	0,00% 0,00%	100,00%	0,00%
Total	19 360 119	٠	×	19 360 119		19 360 119
Item 4.10 Election of board members
Ordinary	19 360 119			19 360 119		19 360 119
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented Total	100,00% 19 360 119	0,00% $\bullet$	0,00% ۰.	100,00% 19 360 119	٠	19 360 119
Item 4.11 Election of Nomination Committee members
Ordinary % of votes	19360119 100,00%	0,00%	0,00%	19 360 119	0,00%	19 360 119
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	19 360 119	$\frac{1}{2}$	$\overline{\phantom{a}}$	19 360 119	$\cdot$	19 360 119
Item 5 Authorization to increase the share capital
Ordinary	19360119	$\sim$	$\cdot$	19 360 119	÷	19 360 119
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented Total	100,00% 19 360 119	0,00% ۰	0,00% ×	100,00% 19 360 119	÷	19 360 119
Item 6 Authorisation to purchase own shares		٠	×.	19 360 119
Ordinary % of votes	19 360 119 100,00%	0,00%	0,00%		0.00%	19 360 119
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	19 360 119	٠	$\hat{\phantom{a}}$	19 360 119	÷	19 360 119
Item 7 Authorisation to the board to approve the distribution of dividends
Ordinary	19 360 119			19 360 119		19 360 119
% of votes % of share capital represented	100,00% 100,00%	0,00% 0,00%	0,00% 0,00%	100,00%	0,00%
Total	19 360 119	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	19 360 119	٠	19 360 119

Bryne, 10 May 2016 Chap of the meeting
Dag Erik Rasmussen

Dignated Mbg 0 Č