AKVA Group — AGM Information 2018

May 15, 2018

AKVA group ASA - Annual General Meeting 15 May 2018

Shares represented in AGM

	Percentage of total shares	52,58%	2,96%	28.30%	83.83%
Total		13 582 401	765 846	7 309 843	21 658 090
					27 000
34 La Strada AS		27 000			850
33 Arne Bergslien Teigen		850			63 800
32 Kjerby AS		63 800			100 000
31 Molaug Eiendom AS		100 000	187729		187729
30 DNB NOR SMB		17000			17000
29 Elo AS		662			662
28 Simon Nyquist Martinsen		22 000			22 000
27 Acca AS		662			662
26 Hallvard Muri		20 000			20 000
25 Logistikk og ledelse AS			107871		107871
24 Eika Alpha			470 246		470 246
23 Eika Norge		5 0 0 0			5 0 0 0
22 Aqua Engineering AS		3709			3709
21 Ole Gabriel Kverneland				309 953	309 953
20 Nordea 1 Sicav				15 000	15 000
	19 IF. Nordea Invest Nordic Small Cap			268 315	268 315
	18 Verdipapirfondet Nordea Norge Pluss			1 199 372	1 199 372
	17 Verdipapirfondet Alfred Berg Gambak			300 000	300 000
	16 Nordea Nordic Small Cap Fund			525 933	525 933
	15 Verdipapirfondet Nordea Kapital			447 623	447 623
	14 Verdipapirfondet Nordea Avkastning			2497	2497
13 Nordea 1 Sicav				58 900	58 900
	12 Metzler Small and Micro CAP EU			282 100	282 100
	11 Metzler Euro Small + Micro Cap	17000			17000
10 Jon Bakken		662			662
8 Alexander Myklebust 9 Generis AS		70			70
7 Gunnar Kluge		57 621			57 621
6 Eddie Håkon Kroknes				150	150
5 Aksel Kverneland		40 164			40 164
4 Grude AS		1548			1548
3 Andreas Pierre Hatjoullis		1548			1548
	2 Wheatsheaf Investments Inc.			3 900 000	3 900 000
1 Egersund Group AS		13 203 105			13 203 105
Name			instructions
			voting	instructions
					attending AGM
		shares	without voting proxy

Total number of shares

Percentage represented at GM

25 834 303 83,83%

KETIL E. ROE

Tomal Miss

AKVA group ASA - Annual General Meeting 15 May 2018

Total shareholders represented

ISIN:	Shares represented in AGM
Date of General Meeting:	15.05.2018 at 17:00 CET
Date of today:	15.05.2018

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

19 37,29 %

Total number of shares	25 834 303
- the company's own shares	27883
Total number of shares entitled to vote	25 806 420
Represented by own shares	13 582 401	52,63 %
Total own shares	13 582 401	52,63 %
Represented by proxy without voting instructions	765 846	2,97 %
Represented by proxy with voting instructions	7 309 843	28,33 %
Total proxy	8 0 7 5 6 8 9	31,29 %
Total shares represented entitled to vote	21 658 090	83,93%
Total represented of the share capital	21 658 090	83.93%

KETILE. BOE

$\mathcal{U}_{\nu}$ o $\mathbb{Z}$ umac KLUGE ZONNAR

Minutes from the Annual General Meeting in AKVA group ASA

ISIN: Date of General Meeting:	Shares represented in AGM 15.05.2018 at 17:00 CET
Date of today:	15.05.2018
						Total represented of
Share category	In favour	Against Abstention				the share capital
				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 % of votes	21 658 090 100,00%	0,00%	í. 0,00%	21 658 090	ī.	21 658 090
% of share capital represented	100,00%	0,00%	0,00%	100,00%	0,00%
Total	21 658 090		×	21 658 090		21 658 090
Item 3 Approval of the notice to the meeting and the agenda Ordinary	21 658 090	×	$\blacksquare$	21 658 090
% of votes	100,00%	0,00%	0,00%		0,00%	21 658 090
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	21 658 090	×		21 658 090		21 658 090
Item 4.2 Approval of the 2016 annual accounts of AKVA group ASA and the Group, and the Board's Annual Report
Ordinary	21 658 090			21 658 090		21 658 090
% of votes	100,00 %	0,00%	0,00%		0,00%
% of share capital represented Total	100,00%	0,00% ×	0,00%	100.00%
	21 658 090		٠	21 658 090		21 658 090
Item 4.3 Determination of board members' remuneration
Ordinary	21 657 940	150		21 658 090	$\omega$	21 658 090
1 % of votes	100,00%	2000000,00 %			0,00%
% of share capital represented Total	100,00% 21 657 940	0,00% 150	0,00%	100,00% 21 658 090	$\overline{\phantom{a}}$	21 658 090
Item 4.4 Determination of Nomination Committee members' remuneration
Ordinary	21 658 090			21 658 090		21 658 090
% of votes % of share capital represented	100,00%	0,00%	0.00%		0,00%
Total	100,00% 21 658 090	0,00% ۰	0,00% $\overline{\phantom{a}}$	100,00% 21 658 090	٠	21 658 090
Item 4.5 Approval of auditor's fees
Ordinary	21 657 940	150	÷	21 658 090		21 658 090
% of votes % of share capital represented	100,00% 100,00%	0,00% 0,00%	0,00%		0,00%
Total	21 657 940	150	0,00% $\blacksquare$	100.00% 21 658 090		21 658 090
Item 4.6 Advisory vote on the board's guidelines for the remuneration of leading employees
Ordinary	19447769	2 210 321		21 658 090		21 658 090
% of votes % of share capital represented	89,79% 89,79%	10,21%	0,00%		0,00%
Total	19 447 769	10,21% 2210321	0,00%	100,00% 21 658 090		21 658 090
Item 4.7 Approval of the board's guidelines for share-linked incentive arrangements for leading employees
Ordinary % of votes	19447769	2 2 10 3 2 1		21 658 090		21 658 090
% of share capital represented	89,79% 89,79%	10,21% 10,21%	0,00% 0,00%	100,00%	0,00%
Total	19 447 769	2 2 10 3 2 1		21 658 090	٠	21 658 090
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	21 658 090 100,00%	0,00%	0,00%	21 658 090		21 658 090
% of share capital represented	100,00 %	0,00%	0,00%	100,00%	0,00%
Total	21 658 090	٠	ż	21 658 090		21 658 090
Item 4.9 Election of board members
Ordinary % of votes	21 316 940 98,42%	341 000 1,57%	150 0,00%	21 658 090	150	21 658 090
% of share capital represented	98,42%	1,57%	0,00%	100,00%	0,00%
Total	21 316 940	341 000	150	21 658 090	150	21,658,090
Item 4.10 Election of Nomination Committee members Ordinary	21 657 940	×.
% of votes	100,00%	0,00%	150 0,00%	21 658 090	150 0,00%	21 658 090
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	21 657 940		150	21 658 090	150	21 658 090
Item 5 Authorization to increase the share capital Ordinary	21 657 940	150
% of votes	100,00%	0,00%	۰ 0,00%	21 658 090	0,00%	21 658 090
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	21 657 940	150		21 658 090	¥	21 658 090
Item 6 Authorisation to purchase own shares Ordinary	21 658 090
% of votes	100,00%	0,00%	0,00%	21 658 090	0,00%	21 658 090
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	21 658 090	٠	$\overline{\phantom{a}}$	21 658 090		21 658 090
Item 7 Authorisation to the board to approve the distribution of dividends Ordinary	21 658 090
% of votes	100,00%	0,00%	0,00%	21 658 090	0,00%	21 658 090
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	21 658 090		$\overline{\phantom{a}}$	21 658 090	٠	21 658 090

Bryng, 15 May 2018 Chair of the 嗯

SITANDO 6 1/19

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