Argeo AS — Share Issue/Capital Change 2024

Oct 10, 2024

Argeo ASA: Conversion to a public limited liability company and change of company name registered

Argeo ASA: Conversion to a public limited liability company and change of company name registered

Asker, 10 October 2024: Reference is made to the stock exchange announcement published by Argeo AS (the "Company" or "Argeo") (Euronext Growth: ARGEO) on 8 October 2022 regarding the extraordinary general meeting held on the same date. The resolutions made by the general meeting, which include amendments to the Company's articles of association such as the conversion of the Company into a public limited liability company and the change of company name, have now been registered with the Norwegian Register of Business Enterprises. The new name of the Company is Argeo ASA.

For more information, please contact:

Trond Figenschou Crantz, CEO

Email: trond.crantz@argeo.no

Phone: +47 976 37 273

About Argeo

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 (AUV’s) will significantly increase efficiency and imaging quality in addition to contributing 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, Edinburgh, Houston, Rio de Janeiro, 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 The Euronext Growth in Oslo under the ticker: ARGEO.

Please visit www.argeo.no for more information.