AKVA Group — AGM Information 2020

May 7, 2020

AKVA group ASA - Annual General Meeting 7 May 2020

Total shareholders represented

ISIN:	Shares represented in AGM
Date of General Meeting:	07.05.2020 at 17:00 CET
Date of today:	07.05.2020

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

$\overline{3}$ 22,82%

Total number of shares	33 334 303
- the company's own shares	177883
Total number of shares entitled to vote	33 156 420
Represented by own shares	20 754 653	62,60 %
Total own shares	20 754 653	62,60 %
Represented by proxy without voting instructions	19644	0,06%
Represented by proxy with voting instructions	6 1 1 5 3 0 1	18,44 %
Total proxy	6 134 945	18,50 %
Total shares represented entitled to vote	26 889 598	81,10 %
Total represented of the share capital	26 889 598	80,67 %

$2 - 6$

Chair of the meeting Snorre Haukali

Co-signature Andreas Pierre Hatjoullis

AKVA group ASA - Annual General Meeting 7 May 2020

Shares represented in AGM

	Representing shares	own Represented by Proxy without voting proxy voting	instructions	with Total shares attending AGM
Name		instructions
1 Egersund Group AS	20 703 105			20 703 105
2 Wheatsheaf Investments Inc.			3 900 000	3 900 000
3 Bonafide Global Fish Fund			1 160 542	1 160 542
4 Andreas Pierre Hatjoullis	1548			1548
5 Henning Vangli		94		94
6 Metzler International Investments			33 7 7 6	33776
7 Metzler Universal Trust			29 4 26	29 4 26
8 Oddmund Hodnekvam		1450		1450
9 Finn-Arne Kjølberg		350		350
10 JEAN-CLEMENT MICHEL JULES PHILIPPE LEMAIRE			114	114
11 ELO AS		17000		17 000
12 Simon Martinsen		662		662
13 Geir Ove Mathisen		18		18
14 Verdipapirfondet Alfred Berg Gamba			825 932	825 932
15 Verdipapirfondet DNB SMB			86 538	86 538
16 ODDO			42 2 3 7	42 237
17 ODDO			36 7 36	36 736
18 Alexander Myklebust		70		70
19 Nesse & Co AS	50 000			50 000
20
21
22
23
24
25
Total	20 754 653	19644	6 1 1 5 3 0 1	26 889 598
Percentage of total shares	62,26%	0,06%	18,35 %	80,67%
Total number of shares				33 334 303
Percentage represented at GM				80,67%

Chair of the meeting
Snorre Haukali

k

Co-signature
Andreas Pierre Hatjoullis ┶৴

Minutes from the Annual General Meeting in AKVA group ASA

ISIN:	Shares represented in AGM
Date of General Meeting:	07.05.2020 at 17:00 CET
Date of today:	07.05.2020
						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	26 889 598		ä,	26 889 598	٠	26 889 598
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00%	0,00%	0,00 %	100,00%
Total	26 889 598			26 889 598	٠	26 889 598
Item 3 Approval of the notice to the meeting and the agenda
Ordinary	26 889 598	×	×	26 889 598		26 889 598
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	26 889 598	٠	$\bullet$	26 889 598	٠	26 889 598
Item 4.2 Approval of the 2019 annual accounts of AKVA group ASA and the Group, and the Board's Annual Report Ordinary
% of votes	26 889 598 100.00%			26 889 598		26 889 598
% of share capital represented		0,00%	0,00 %		0,00%
Total	100,00%	0,00%	0,00%	100,00%
	26 889 598	$\blacksquare$	$\blacksquare$	26 889 598	٠	26 889 598
Item 4.3 Determination of board members' remuneration Ordinary	26 889 598	$\ddot{\phantom{1}}$
% of votes				26 889 598		26 889 598
% of share capital represented	100,00% 100,00%	0,00%			0,00%
Total	26 889 598	0,00% ÷,	0,00%	100.00%
				26 889 598		26 889 598
Item 4.4 Determination of Nomination Committee members' remuneration
Ordinary	26 889 598			26 889 598
% of votes	100,00%	0.00%	0,00 %			26 889 598
% of share capital represented	100,00%				0,00%
Total	26 889 598	0,00% ٠	0,00% ÷,	100,00%
				26 889 598		26 889 598
Item 4.5 Approval of auditor's fees
Ordinary	26 889 598	÷	×.
% of votes	100,00%	0,00%	0,00 %	26 889 598	¥	26 889 598
% of share capital represented	100,00%	0,00%	0,00%	100,00%	0,00%
Total	26 889 598	$\bullet$	$\sim$	26 889 598
					٠	26 889 598
Item 4.6 Advisory vote on the board's guidelines for the remuneration of leading employees
Ordinary	25 921 491	968 107		26 889 598
% of votes	96,40%	3,60%	0,00%			26 889 598
% of share capital represented	96,40%	3,60%			0,00 %
Total	25 921 491	968 107	0,00% ٠	100,00% 26 889 598
						26 889 598
Item 4.7 Approval of the board's guidelines for share-linked incentive arrangements for leading employees
Ordinary	25 921 491	968 107		26 889 598		26 889 598
% of votes	96,40%	3,60%	0,00%		0,00%
% of share capital represented	96,40%	3,60%	0,00 %	100,00%
Total	25 921 491	968 107	٠	26 889 598	$\ddot{\phantom{a}}$	26 889 598
Item 4.8 Consideration of the board's statement on corporate governance in accordance with the Norwegian Accounting Act section 3-3 b
Ordinary	26 889 598			26 889 598		26 889 598
% of votes	100,00%	0,00%	0,00 %		0,00%
% of share capital represented	100,00%	0,00%	0,00 %	100.00%
Total	26 889 598	٠	$\ddot{}$	26 889 598		26 889 598
Item 4.9 Election of board members
Ordinary	26 747 423	142 175	i.	26 889 598	٠	26 889 598
% of votes	99,47%	0.53%	0,00%		0,00 %
% of share capital represented	99,47%	0,53%	0,00%	100,00%
Total	26 747 423	142 175	٠	26 889 598	$\blacksquare$	26 889 598
Item 4.10 Election of Nomination Committee members
Ordinary	26 889 484		114	26 889 598	114	26 889 598
% of votes	100,00%	0,00%	0,00%		0,00 %
% of share capital represented	100,00%	0,00%	0,00%	100,00%
Total	26 889 484		114	26 889 598	114	26 889 598
Item 5 Authorization to increase the share capital
Ordinary	26 889 598			26 889 598	ò.	26 889 598
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00%	0,00 %	0,00%	100,00 %
Total	26 889 598	$\cdot$	$\blacksquare$	26 889 598		26 889 598
Item 6 Authorisation to purchase own shares
Ordinary	26 889 598	$\sim$	٠	26 889 598	С.	26 889 598
% of votes	100,00%	0,00%	0,00%		0,00%
% of share capital represented	100,00 %	0,00 %	0,00%	100,00%
Total	26 889 598	$\overline{\phantom{a}}$	$\bullet$	26 889 598		26 889 598
Item 7 Authorisation to the board to approve the distribution of dividends
Ordinary	26 889 598	$\alpha$	¥	26 889 598	$\alpha$	26 889 598
% of votes	100,00%	0,00%	0,00 %		0,00%
% of share capital represented	100,00%	0,00%	0,00%	100,00 %
Total	26 889 598	٠	$\overline{\phantom{a}}$	26 889 598	٠	26 889 598

N The z Chair of the meeting
Snorre Haukali