Electromagnetic Geoservices ASA

Major Shareholding Notification • Dec 19, 2023

Notification of major holdings

1. Issuer Details

ISIN

NO0010358484

Issuer Name

ELECTROMAGNETIC GEOSERVICES

2. Reason for Notification

An acquisition or disposal of voting rights

Comments

3. Details of person subject to the notification obligation

Name

RWC Asset Management LLP

City of registered office (if applicable)

London, England, SW1E 5DH

Country of registered office (if applicable)

GB

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

15 - December - 2023

6. Date on which Issuer notified

18 - December - 2023

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	10.03300	0.000000	10.03300	13,140,247
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights	Number of indirect voting rights	% of direct voting rights	% of indirect voting rights
NO0010358484	13,140,247	0	10.03300	0.000000
Sub Total 8.A	13,140,247		10.03300

8B1. Financial Instruments

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

% of voting % of voting rights Name of rights if it equals through financial Ultimate controlled or is higher than instruments if it equals controlling person undertaking the notifiable or is higher than the threshold notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
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Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Verde 4th Floor, 10 Bressenden Place London, SW1E 5DH Direct: +44 20 7227 6111

12. Date of Completion

18-December-2023

13. Place Of Completion

London, UK