Grieg Seafood — AGM Information 2020

Mar 25, 2020

Minutes of the Extraordinary General Meeting of Grieg Seafood ASA

The Extraordinary General Meeting (EGM) of Grieg Seafood ASA was held on 25 March 2020 in the company's premises at C. Sundts gt. 17/19 Grieg-Gaarden, Bergen, Norway.

The Agenda was as follows:

• 1. Election of chair and one representative to co-sign the Minutes along with the chair
• 1. Approval of the Notice of Meeting and Agenda
• 1. Approval of agreement pursuant to Sec. 3-13 of the Norwegian Public Limited Liability Companies Act

The AGM was opened by Asbjørn Reinkind, who extended a welcome to those present. In attendance were shareholders representing 22 281 766 shares. Also present were CFO Atle Harald Sandtorv and the shareholder Arnfinn Grydeland. CEO Andreas Kvame, CAO Trude Østvedt, Group Controller Carl Lund, and the attorneys Kevin Ruben and Hugo P. Matre from the law firm Schjødt, participated by telephone.

ELECTION OF CHAIR AND ONE REPRESENTATIVE TO CO-SIGN THE MINUTES ALONG WITH THE 1) CHAIR

The Vice Chair of the Board of Directors Asbjørn Reinkind was elected to chair the meeting. Atle Harald Sandtorv was elected to sign the Minutes together with the chair.

The election of chair and one representative to co-sign was approved.

22 278 766 votes were for the resolution.

0 votes were against the resolution.

3 000 blank votes were cast.

2) APPROVAL OF THE NOTICE OF MEETING AND AGENDA

There were no objections to the Notice of Meeting or the Agenda. The General Meeting was declared to be legally constituted and the Agenda as contained in the Notice of Meeting was unanimously approved.

3) LIABILITY COMPANIES ACT

The report and the Board's declaration were presented to the General Meeting.

Thereupon, the General Meeting adopted the following resolution:

"The Extraordinary General Meeting takes note of the report on the share purchase agreement between Grieg Kapital AS, Kvasshøgdi AS and Knut Skeidsvoll as sellers and the Company as purchaser of 150,938 shares in Grieg Newfoundland AS from the affiliates Grieg Kapital AS/Grieg Aqua AS, Kvasshøgdi AS and Knut Skeidsvoll as well as of the Board's declaration.

The General Meeting approves the share purchase agreement."

22 281 686 votes were for the resolution.

0 votes were against the resolution.

80 blank votes were cast.

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As there were no more cases under discussion, the Minutes were signed by the chair and Atle Harald Sandtorv.

Asbjørn Reinkind Vice Chair

Atle Marald Sandtorv

CFO

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