AKVA Group — AGM Information 2019

May 9, 2019

AKVA group ASA - Annual General Meeting 9 May 2019

Shares represented in AGM

Name	Representing shares	own Represented by Proxy proxy without voting voting instructions	instructions	with Total shares attending AGM
1 Egersund Group AS	20 703 105
2 Wheatsheaf Investments Inc				20 703 105
3 Bonafide Global Fish Fund			3 900 000	3 900 000
4 Andreas Pierre Hatjoullis			841 987	841 987
5 Aksel Kverneland	1 548			1 548
6 Till Christopher Hufnagel	40 164			40 164
7 Gunnar Kluge			67 261	67 261
8 Morten Malm	41 062			41 062
9 Metzler Small and Micro CAP EU		3 216		3 216
10 Nordea Nordic Small Cap Fund			58 900	58 900
11 Verdipapirfondet Alfred Berg Gambak			300 000	300 000
12 Ole Gabriel Kverneland			825 932	825 932
13 Aqua Engineering AS	3 709			3 709
14 Eika Norge	5 000			5 000
15 Eika Alpha		92 399		92 399
16 Logistikk og ledelse AS		14 979		14 979
17 Hallvard Muri	20 000			20 000
18 Acca AS	662			662
19 Simon Nyquist Martinsen	22 000			22 000
20 Elo AS	662			662
21 DNB NOR SMB	17 000			17 000
22 Einar Østebrød			168 116	168 116
23 Geir Ove Mathisen	5 300			5 300
24 Kjerby AS		850		850
	63 800			63 800
Total
Percentage of total shares	20 924 012	111 444	6 162 196	27 197 652
	62,77%	0,33 %	18,49 %	81,59 %

Total number of shares

Percentage represented at G

Chair of the meeting
Kjetil E. Bøe

couper Co-signature
Gynnar Kluge

33 334 303

81,59 %

0

11

AKVA group ASA - Annual General Meeting 9 May 2019

Total shareholders represented

IISIN:
	Shares represented in AGM
Date of General Meeting:	09.05.2019 at 17:00 CET
Date of today:	09.05.2019

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

10 23,07 %

Total number of shares - the company's own shares Total number of shares entitled to vote Represented by own shares Total own shares Represented by proxy without voting instructions Represented by proxy with voting instructions Total proxy Total shares represented entitled to vote	33 334 303 65 847 33 268 456 20 924 012 20 924 012 111 444 6 162 196 6 273 640	62,89 %/ 62,89 % 0,33 % 18,52 % 18,86 %
Total represented of the share capital	27 197 652 27 197 652	81,75 % 81.59 %

Chair of the meeting Ketil E. Bøe

0 auna Co-signature

Gunhar Kluge

Minutes from the Annual General Meeting in AKVA group ASA

ISIN:	Shares represented in AGM
Date of General Meeting: Date of today:	09.05.2019 at 17:00 CET
	09.05.2019
Share category	In favour	Against	Abstention	Total voted		Total represented of
					Not voted	the share capital
ltem 2 Election of chair of the meeting and of a person to co-sign the meeting minutes along with meeting chair Ordinary
% of votes	27 197 652			27 197 652		27 197 652
% of share capital represented	100,00 % 100,00 %	0,00 %	0,00 %		0,00 %
Total	27 197 652	0,00 %	0,00 %	100,00 %
				27 197 652		27 197 652
Item 3 Approval of the notice to the meeting and the agenda
Ordinary % of votes	27 197 652			27 197 652
% of share capital represented	100,00 %	0,00 %	0,00 %		0,00 %	27 197 652
Total	100,00 %	0,00 %	0,00 %	100,00 %
	27 197 652			27 197 652
ltem 4.2 Approval of the 2018 annual accounts of AKVA group ASA and the Group, and the Board's Annual Report						27 197 652
	27 197 652
% of votes	100,00 %			27 197 652		27 197 652
% of share capital represented	100,00 %	0,00 % 0,00 %	0,00 %		0,00 %
Total	27 197 652		0,00 %	100,00 %
				27 197 652		27 197 652
Item 4.3 Determination of board members' remuneration Ordinary
% of votes	27 197 652			27 197 652
% of share capital represented	100,00 %	0,00 %				27 197 652
Total	100,00 %	0,00 %	0,00 %	100,00 %	0,00 %
	27 197 652			27 197 652
Item 4.4 Determination of Nomination Committee members' remuneration						27 197 652
Ordinary
% of votes	27 197 652			27 197 652		27 197 652
% of share capital represented	100,00 %	0,00 %	0,00 %		0,00 %
Total	100,00 % 27 197 652	0,00 %	0,00 %	100,00 %
				27 197 652		27 197 652
Item 4.5 Approval of auditor's fees
Ordinary	27 197 652
% of votes	100,00 %	0,00 %		27 197 652		27 197 652
% of share capital represented	100,00 %	0,00 %	0,00 % 0,00 %		0,00 %
Total	27 197 652			100,00 % 27 197 652
						27 197 652
Item 4.6 Advisory vote on the board's guidelines for the remuneration of leading employees Ordinary
% of votes	26 012 820	1 184 832		27 197 652
% of share capital represented	95,64 %	4,36 %	0,00 %		0,00 %	27 197 652
Total	95,64 %	4,36 %	0,00 %	100,00 %
	26 012 820	1 184 832		27 197 652		27 197 652
Item 4.7 Approval of the board's guidelines for share-linked incentive arrangements for leading employees
	26 012 820
% of votes	95,64 %	1 184 832		27 197 652		27 197 652
% of share capital represented	95,64 %	4,36 % 4,36 %	0,00 %		0,00 %
Total	26 012 820	1 184 832	0,00 %	100,00 %
				27 197 652		27 197 652
ltem 4.8 Consideration of the board's statement on corporate governance in accordance with the Norwegian Accounting Act section 3-3 b
% of votes	27 197 652			27 197 652
	100,00 %	0,00 %	0,00 %			27 197 652
% of share capital represented Total	100,00 %	0,00 %	0,00 %	100,00 %	0,00 %
	27 197 652			27 197 652
Item 4.9 Election of board members						27 197 652
Ordinary
% of votes	26 312 820	884 832		27 197 652		27 197 652
% of share capital represented	96,75 %	3,25 %	0,00 %		0,00 %
Total	96,75%	3,25 %	0,00 %	100,00 %
	26 312 820	884 832		27 197 652		27 197 652
Item 4.10 Election of Nomination Committee members
Ordinary	27 197 652
% of votes	100,00 %	0,00 %		27 197 652		27 197 652
% of share capital represented Total	100,00 %	0,00 %	0,00 % 0,00 %		0 00 %
	27 197 652			100,00 % 27 197 652
						27 197 652
Item 5 Authorization to increase the share capital Ordinary
% of votes	26 355 665	841 987		27 197 652
% of share capital represented	96,90 %	3,10%	0,00 %		0,00 %	27 197 652
Total	ട്ട,90 %	3,10 %	0,00 %	100,00 %
	26 355 665	841 987		27 197 652		27 197 652
Item 6 Authorisation to purchase own shares,
Ordinary	27 197 652
% of votes	100,00 %			27 197 652		27 197 652
% of share capital represented	100,00 %	0,00 %	0,00 %		0,00 %
Total	27 197 652	0,00 % -	0,00 %	100,00 %
				27 197 652		27 197 652
Item 7 Authorisation to the board to approve the distribution of dividends
Ordinary	27 197 652
% of votes	100,00 %	0,00 %	0,00 %	27 197 652		27 197 652
% of share capital represented Total	100,00 %	0,00 %	0,00 %	100,00 %	0,00 %
	27 197 652	-		27 197 652
						27 197 652

1 Chair of the meeting

6 149 Co-signature
Gunnan Kluge U

Ketil E. Bøe