AKVA Group — AGM Information 2017

May 10, 2017

Shares represented in AGM

	Representing	own Represented by Proxy		with Total shares
	shares	without voting ргоху		attending AGM
		voting	instructions
Name		instructions
1 Egersund Group AS	13 203 105			13 203 105
2 Wheatsheaf Investments Inc.	3 900 000			3 900 000
3 Andreas Pierre Hatjoullis	886			886
4 Grude AS	886			886
5 Erik Hars		2 2 1 3		2 2 1 3
6 DNB SMB		265 091		265 091
7 Jon Bakken	7000			7000
8 Loyd Kjetil Helland Andersen		16		16
9 Rolf Terje Løvås			50	50
10 Metzler Euro Small + Micro Cap			94 400	94 400
11 Nordea 1 Sicav			2497	2497
12 Verdipapirfondet Nordea Avkastning			352 623	352 623
13 Verdipapirfondet Nordea Kapital Ess			453 920	453 920
14 Nordea Nordic Small Cap Fund Satama			300 000	300 000
15 Verdipapirfondet Alfred Berg Gambak			1051141	1051141
16 Verdipapirfondet Nordea Norge Pluss			186 485	186 485
17 IF. Nordea Invest Nordic Small Cap			15 000	15 000
18 Nordea 1 Sicav			212 285	212 285
19 Pontos Aqua Holdings LLC C/O Tinicum Investors			1000	1000
20 Ole Gabriel Kverneland	5968			5968
21 Aqua Engineering AS	5 0 0 0			5 000
22 Eika Norge			489 417	489 417
23 Logistikk og ledelse AS		20 000		20 000
24 Gunnar Kluge	65 579			65 579
25 Verkvelven AS	1 2 5 0			1 2 5 0
Total	17 189 674	287 320	3 158 818	20 635 812
Percentage of total shares	66,54%	1,11%	12,23%	79,88%

Total number of shares

Percentage represented at GM

KETIL BOE

GUNNAR KLUGE

25 834 303 79,88%

AKVA group ASA - Annual General Meeting 10 May 2017

Total shareholders represented

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ISIN:	Shares represented in AGM
Date of General Meeting:	10.05.2017 at 17:00 CET
Date of today:	10.05.2017

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

$\overline{a}$ 16,70%

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	17 189 674	66,54 %
Total own shares	17 189 674	66.54%
Represented by proxy without voting instructions	287 320	1,11%
Represented by proxy with voting instructions	3 158 818	12,23 %
Total proxy	3 446 138	13,34 %
Total shares represented entitled to vote	20 635 812	79,88%
Total represented of the share capital	20 635 812	79,88%

KETIL BRE

GUNHAR

ICLUGE

Minutes from the Annual General Meeting in AKVA group ASA

ISIN: Date of General Meeting:	Shares represented in AGM 10.05.2017 at 17:00 CET
Date of today:	10.05.2017
Share category						Total represented of the share capital
	In favour	Against	Abstention	Total voted	Not voted
Item 2 Election of chair of the meeting and of a person to co-sign the meeting minutes along with meeting chair Ordinary	20 635 812
% of votes	100,00%	0,00%	0,00%	20 635 812	0.00%	20 635 812
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	20 635 812	٠		20 635 812		20 635 812
Item 3 Approval of the notice to the meeting and the agenda
Ordinary	20 635 812			20 635 812	×.	20 635 812
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	20 635 812	٠	$\overline{\phantom{a}}$	20 635 812		20 635 812
Item 4.2 Approval of the 2016 annual accounts of AKVA group ASA and the Group, and the Board's Annual Report
Ordinary	20 635 812			20 635 812	×	20 635 812
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented Total	100,00% 20 635 812	0,00% $\overline{\phantom{a}}$	0,00%	100,00% 20 635 812	٠
						20 635 812
Item 4.3 Determination of board members' remuneration Ordinary	20 635 812
% of votes	100,00%			20 635 812		20 635 812
% of share capital represented	100,00%	0,00% 0,00%	0,00% 0,00%	100,00%	0,00%
Total	20 635 812	٠		20 635 812		20 635 812
Item 4.4 Determination of Nomination Committee members' remuneration Ordinary		ż
% of votes	20 635 812 100,00%	0,00%		20 635 812		20 635 812
% of share capital represented	100,00%	0,00%	0,00% 0,00%	100,00%	0,00%
Total	20 635 812	$\blacksquare$		20 635 812		20 635 812
Item 4.5 Approval of auditor's fees Ordinary	20 635 812
% of votes	100,00%	0,00%	0,00%	20 635 812	0,00%	20 635 812
% of share capital represented	100,00%	0,00%	0,00%	100.00%
Total	20 635 812	¥		20 635 812		20 635 812
Item 4.6 Advisory vote on the board's guidelines for the remuneration of leading employees
Ordinary	19490271	1 145 541		20 635 812	×	20 635 812
% of votes	94,45%	5,55%	0,00%		0,00%
% of share capital represented	94,45%	5,55%	0,00%	100,00%
Total	19 490 271	1 145 541	$\overline{\phantom{a}}$	20 635 812		20 635 812
Item 4.7 Approval of the board's guidelines for share-linked incentive arrangements for leading employees
Ordinary	19 000 854	1634958	$\sim$	20 635 812	٠	20 635 812
% of votes	92,08%	7,92%	0,00%		0,00%
% of share capital represented Total	92,08% 19 000 854	7,92%	0,00%	100,00%
		1634958	۰	20 635 812		20 635 812
Item 4.8 Consideration of the board's statement on corporate governance in accordance with the Norwegian Accounting Act section 3-3 b
Ordinary % of votes	20 635 812			20 635 812		20 635 812
% of share capital represented	100,00% 100,00%	0,00% 0,00%	0,00% 0,00%		0,00%
Total	20 635 812	٠		100,00% 20 635 812	×	20 635 812
Item 4.9 Election of Nomination Committee members Ordinary	20 635 812
% of votes	100,00%	0,00%	0.00%	20 635 812		20 635 812
% of share capital represented	100,00%	0,00%	0,00%	100,00%	0,00%
Total	20 635 812	$\sim$	×	20 635 812		20 635 812
Item 5 Authorization to increase the share capital
Ordinary	20 635 812			20 635 812		20 635 812
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00 %	0,00%	0,00%	100,00%
Total	20 635 812	$\sim$	٠	20 635 812		20 635 812
Item 6 Authorisation to purchase own shares
Ordinary	20 635 812	٠	$\overline{\phantom{a}}$	20 635 812		20 635 812
% of votes	100,00%	0,00%	0.00%		0,00%
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	20 635 812			20 635 812	٠	20 635 812
Item 7 Authorisation to the board to approve the distribution of dividends
Ordinary	20 635 812			20 635 812		20 635 812
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	20 635 812	$\overline{a}$		20 635 812		20 635 812

May 201 Chair of the n
Ketil E. Bøe eeting

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