Frøy ASA — Proxy Solicitation & Information Statement 2022

May 31, 2022

Frøy ASA: Disclosure of proxies for annual general meeting

Frøy ASA: Disclosure of proxies for annual general meeting

Vibecke Bondø, Chair of the Board of NTS ASA, has today granted Chair of the Board of Frøy ASA Svein Sivertsen, proxy for a total of 62,269,112 shares in connection with the annual general meeting of Frøy ASA (the "Company") on 1 June 2022.

This constitutes 72.11 % of the outstanding shares and votes in the Company. The proxy is given with voting instructions and is only valid for the annual general meeting on 1 June 2022.

This information is subject to the disclose requirements pursuant to sections 4-2 and 5-12 of the Norwegian Securities Trading Act.