AMSC ASA — AGM Information 2023

Nov 20, 2023

Unauthorized translation. In the event of any discrepancy between the Norwegian and English text, the Norwegian takes precedence.

MINUTES OF

EXTRAORDINARY GENERAL MEETING IN

AMSC ASA

On Monday 20 November 2023 at 11:00 (CET) an Extraordinary General Meeting in AMSC ASA, reg. no. 988 228 397, was held digitally via Lumi AGM webcast.

The following items were on the agenda:

1. OPENING OF THE EXTRAORDINARY GENERAL MEETING, INCLUDING APPROVAL OF THE NOTICE AND AGENDA

The Extraordinary General Meeting was opened and chaired by Annette Malm Justad, Chair of the Board.

The list of attending shareholders and the voting results for each matter are enclosed to these minutes.

No objections were made to the notice and the agenda, and the General Meeting was declared duly constituted.

2. ELECTION OF A PERSON TO CO-SIGN THE MEETING MINUTES ALONG WITH THE MEETING CHAIR

Marion Berg Hauge was elected to co-sign the minutes of the General Meeting together with the meeting chair.

3. APPROVAL OF AUDITED INTERIM BALANCE SHEET AND PROPOSAL OF DISTRIBUTION OF DIVIDEND OF USD 0.10 PER SHARE

The General Meeting adopted the following resolution:

"The audited interim balance sheet as of 18 October 2023 is approved.

The general meeting approves the proposal from the Board of Directors for distribution of dividend of USD 0.10 per share, which represents a total dividend distribution of USD 7,186,384, of which:

• USD 0.05 per share shall be paid to the Company's shareholders as of 27 November 2023 (as registered in the VPS as of 29 November 2023).
• USD 0.05 per share shall be paid to the Company's shareholders as of 5 March 2024 (as registered in the VPS as of 7 March 2024)."

4. AUTHORIZATION TO THE BOARD OF DIRECTORS FOR SURRENDERING A GROUP CONTRIBUTION

The General Meeting adopted the following resolution:

"The general meeting grants the Board of Directors authorization to resolve that a group contribution of up to a total of NOK 100,000,000 is surrendered to Offshore Leasing I AS. The surrendering of group contribution is based on the Company's annual accounts for 2022. The authorization is valid up to the annual general meeting in 2024."

* * *

There were no further items on the agenda. The Chairman of the meeting thanked the participants for their attendance, and the General Meeting was thereafter adjourned.

Oslo, 20 November 2023

Annette Malm Justad, Chairman Marion Berg Hauge, co-signer

(sign.) (sign.)

Attendance Summary Report AMSC ASA Extraordinary General Meeting 20 November 2023

Registered Attendees:	4
Total Votes Represented:	15,794,311
Total Accounts Represented:	79

Total Voting Capital:	71,863,838
% Total Voting Capital Represented:	21.98%
Total Capital:	71,863,838

% Total Capital Represented: 21.98% Company Own Shares: 0

	Sub Total:	4	0	15,794,311
Capacity		Registered Attendees	Registered Non-Voting Attendees	Registered Votes	Accounts
Shareholder (web)		1	0	22,900	1
Styrets leder med fullmakt		1	0	84,255	12
Styrets leder med instruks		1	0	3,000	1
Forhåndsstemmer		1	0	15,684,156	65

DNB Bank ASA DNB Verdipapirservice Jostein Aspelien Engh

AMSC ASA "EXTRAORDINARY" GENERAL MEETING 20 NOVEMBER 2023

As scrutineer appointed for the purpose of the Poll taken at the "Extraordinary" General Meeting of the Members of the Company held on 20 November 2023, I HEREBY CERTIFY that the result of the Poll is correctly set out as follows:-

			Issued voting shares: 71,863,838
	VOTES FOR	%	VOTES MOT / AGAINST	%	VOTES AVSTÅR / ABSTAIN	VOTES TOTAL	% ISSUED VOTING SHARES VOTED	NO VOTES IN MEETING
1	15,789,046 100.00		0	0.00	5,265	15,794,311	21.98%	0
2	15,789,046 100.00		423	0.00	4,842	15,794,311	21.98%	0
3	15,790,542 100.00		0	0.00	3,769	15,794,311	21.98%	0
4	15,768,154 100.00		0	0.00	26,157	15,794,311	21.98%	0

DNB Bank ASA DNB Verdipapirservice Jostein Aspelien Engh