Philly Shipyard — Report Publication Announcement 2021

Mar 29, 2021

Philly Shipyard: Annual General Meeting Information and Annual Report

Philly Shipyard: Annual General Meeting Information and Annual Report

The shareholders in Philly Shipyard ASA are invited to attend the annual general meeting (AGM) to be held on Wednesday April 21, 2021 at 12:00h (CEST) at Advokatfirmaet BAHR AS, Tjuvholmen Allé 16, 0252 Oslo, Norway.

Due to the COVID-19 situation, Philly Shipyard ASA shareholders are urged to vote by the use of proxy forms prior to the meeting and not physically attend.

Please find attached the following documents:

1. The AGM notice and the notice of attendance and proxy form.

2. The 2020 Annual Report for Philly Shipyard ASA

All documents to be processed in the meeting, as well as the registration link, will be made available on the company's webpage www.phillyshipyard.com (http://www.phillyshipyard.com).

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.