Electromagnetic Geoservices ASA

Pre-Annual General Meeting Information • Nov 11, 2021

EMGS: Notice of extraordinary general meeting

EMGS: Notice of extraordinary general meeting

Reference is made to the stock exchange announcement published by

Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 2 November 2021

regarding resignation by the chairman of the board of directors (the "Board") of

EMGS.

As a result of the resignation, the nomination committee has proposed changes to

the Board and to the Company's nomination committee.

EMGS hereby calls for an extraordinary general meeting in the Company to be held

at the Company's offices on the 4th floor of Karenslyst Allé 4, 0278 Oslo on 25

November 2021 at 10:00 hours (local time).

The following matters are on the agenda: (i) changes to the Board and (ii)

changes to the nomination committee.

Due to the ongoing coronavirus pandemic (Covid-19), shareholders are encouraged

to not physically attend the meeting. Rather, shareholders should consider

exercising their shareholder rights through electronic advance voting in VPS or

by completing the proxy form with voting instruction.

Shareholders who would like to participate electronically, should send an email

to aeimstad@emgs.com to receive log in details.

The full notice with appendices is attached.

Contact

Anders Eimstad, CFO, +47 948 25 836

This information is published in accordance with the Norwegian Securities

Trading Act § 5-12.

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM)

technology to support oil and gas companies in their search for offshore

hydrocarbons. EMGS supports each stage in the workflow, from survey design and

data acquisition to processing and interpretation. The Company's services enable

the integration of EM data with seismic and other geophysical and geological

information to give explorationists a clearer and more complete understanding of

the subsurface. This improves exploration efficiency and reduces risks and the

finding costs per barrel. CSEM technology can also be used to detect the

presence of marine mineral deposits (primarily Seabed Massive Sulphides) and

EMGS believes that the technology can also be used to estimate the mineral

content of such deposits. The Company is undertaking early-stage initiatives to

position itself in this future market.