Integrated Wind Solutions ASA — AGM Information 2022

Feb 11, 2022

Minutes of Extraordinary General Meeting in Integrated Wind Solutions AS

An extraordinary General Meeting of Integrated Wind Solutions AS was held on Thursday 10 February 2022 at 2 PM in the form of an internet Teams meeting.

The extraordinary General meeting was opened by the Chairman of the Board, Sigurd Thorvildsen. According to the list of attending shareholders, 7,750,000 of 17,600,698 issued shares and votes, corresponding to 44.03% of the total voting shares in the company were represented at the Extraordinary General Meeting.

The Extraordinary General Meeting had the proposed following agenda:

• 1. Election of a chairperson and a person to co-sign the Minutes
• 1. Approval of the notice and the agenda
• 1. Election of new board member
• 1. Conversion to a public limited liability company

1. Election of a chairperson and a person to co-sign the Minutes.

Sigurd Thorvildsen was elected as chairperson of the meeting. To co-sign the Minutes Jon Mosberg was elected.

The resolution was approved unanimously.

2. Approval of the notice and the agenda

The chairperson of the meeting informed the general meeting that the notice and the agenda had been sent to all shareholders with known address on 3 February 2022.

As no objections were raised to the notice or the agenda, the notice and the agenda were considered approved. The chairperson of the meeting declared the Extraordinary General Meeting as lawfully convened.

The resolution was approved unanimously.

3. Election of new Board member

In accordance with the proposal from the Board of Directors, the Extraordinary General Meeting approved the following resolution:

Synne Syrrist was elected as new member of the Board of Directors of the company for the period until the Annual General Meeting in 2023. Board member Ole Christian Hyidsten resigned from the Board.

The resolution was approved unanimously.

4. Conversion to a public limited liability company

In accordance with the proposal from the Board of Directors the Extraordinary General Meeting approved the following resolution:

Integrated Wind Solutions AS is to be converted into a public limited liability company (ASA). The Company's Articles of Association will be updated accordingly in due course.

The resolution was approved unanimously.

There were no further matters on the agenda and the extraordinary general meeting was ended at 2.30 PM

Signature of Chairperson,

Sigurd Thorvildsen

Signature of co-signing

person, Jon Mosberg