Argeo AS

AGM Information • Feb 17, 2023

Argeo: Completion of Extraordinary General Meeting

Argeo: Completion of Extraordinary General Meeting

Asker, 17 February 2023: Reference is made to the stock exchange announcement published by Argeo AS (the "Company" or "Argeo") (Euronext Growth: ARGEO) on 9 February 2023, where the board of directors (the "Board") called for an extraordinary meeting ("EGM") for the purpose of appointing a new board member. The EGM was held today, Friday 17 February 2023 at 09:00 hours CET, at the Company's premises at Nye Vakåsvei 14, 1395 Hvalstad, Norge.

All the proposed resolutions were resolved in accordance with the Board's calling notice. Please find the minutes from the EGM attached hereto.

Disclosure regulation

This information is subject to a duty of disclosure pursuant to the Company's continuing obligations as a company listed on Euronext Growth Oslo.

For more information, please contact:

Trond Figenschou Crantz, CEO Argeo AS

Email: trond.crantz@argeo.no

Phone: +47 976 37 273

About Argeo | www.argeo.no

Argeo is an Offshore Service company with a mission to transform the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. Equipped with unique sensors and advanced digital imaging technology, the Autonomous Underwater Vehicles (“AUVs”) will significantly increase efficiency and imaging quality in addition to contribute to significant reduction in CO2 emissions from operations for the global industry in which the Company operates.

The Company’s highly accurate digital models and digital twin solutions are based on geophysical, hydrographic, and geological methods from shallow waters to the deepest oceans for the market segments Oil & Gas, Renewables, Marine Minerals and Offshore Installations. Argeo was established in 2017 and has offices in Asker (Oslo), Tromsø, Stockholm, Houston, and Singapore. Since its incorporation, Argeo has carried out complex projects for some of Norway’s largest companies in the field.

The Company is listed on Euronext Growth Oslo under the ticker code: "ARGEO".