Philly Shipyard — AGM Information 2018

Apr 5, 2018

Philly Shipyard ASA :Minutes from the Annual General Meeting

Philly Shipyard ASA :Minutes from the Annual General Meeting

Philly Shipyard ASA has today on 5 April 2018 held its Annual General

Meeting. All proposals to the AGM were approved.

The Board of Directors now consists of:

Jim Miller (Chairman)

Audun Stensvold (Deputy Chairman)

Amy Humphreys

Elin Karfjell

The minutes of the meeting are attached in Norwegian and English. Enclosed

please also find the AGM presentation.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.