Saga Pure — AGM Information 2022

May 9, 2022

Ref no:

PIN code:

Notice of Annual General Meeting

The Annual General Meeting in Saga Pure ASA will be held on 30 May 2022 at 10:00 am, There general meeting will be held virtually.

The shareholder is registered with the following amount of shares at summons: number of shares owned per Record Date: 27 May 2022

IMPORTANT MESSAGE:

The Annual General Meeting will be held as a digital meeting only, with no physical attendance for shareholders.

Please log in at https://web.lumiagm.com/121221551

You must identify yourself using the reference number and PIN code from VPS that you will find in investor services (Corporate Actions - General Meeting - ISIN) or sent you by post on this form (for non-electronic actors) Shareholders can also get their reference number and PIN code by contacting DNB Bank Registrars Department by phone +47 23 26 80 20 (8:00-a.m. to 3:30 p.m. ) or by e-mail genf@dnb.no.

On the company's web page https://www.sagapure.com/investor-relations you will find an online guide describing more in detail how you as a shareholder can participate in the Virtual meeting.

Deadline for registration of advance votes, proxies and instructions: 27 May 2022 at 16:00 am

Advance votes

Advance votes may only be executed electronically, through the Company's website https://www.sagapure.com/investor-relations (use ref and pin code above) or through VPS Investor Services (where you are identified and do not need Ref.no.and PIN Code). Chose Corporate Actions - General Meeting, click on ISIN. Investor Services can be accessed either through https://www.euronextvps.no/ or your account operator.

Notice of attendance

Shareholders are only allowed to participate online and no pre-registration is required. Shareholders must be logged in before the meeting starts.

If you are not logged in before the general meeting starts, you will not be able to attend. Log in starts an hour before.

Shareholders who do not wish to participate online or vote in advance can give proxy to another person.

Proxy without voting instructions for Annual General Meeting of Saga Pure ASA

Ref no: PIN code.

Proxy should be registered through the Company's website https://www.sagapure.com/investor-relations or through VPS Investor Services.

For granting proxy through the Company's website, the above-mentioned reference number and PIN code must be stated.

In VPS Investor Services choose Corporate Actions - General Meeting - ISIN.

SAGA PURE

Investor Services can be accessed either through https://www.euronextvps.no/ or your account operator.

Alternatively you may send this form by e-mail to genf@dnb.no, or by regular Mail to DNB Bank ASA, Registrars Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway. The proxy must be received no later than 27 May 2022 at 16:00 p.m. The form must be dated and signed in order to be valid.

If you do not state the name of the proxy holder, the proxy will be given to the Chair of the Board of Directors or an individual authorised by him or her.

The undersigned:

hereby grants (tick one of the two)

□ the Chair of the Board of Directors (or a person authorised by him or her), or

ロ ============================================================================================================================================================================ log in details) (Name of proxy holder in capital letters)

proxy to attend and vote for my/our shares at the Annual General Meeting of Saga Pure ASA on 30 May at 10:00 a.m.

Place

Date

Shareholder's signature (only for granting proxy)

Shareholder's signature (Only for granting proxy with voting instructions)

For

ロ

ロ

ロ

Against

ロ

ロ

ロ

Abstention

ロ

■

ロ

ના દાભપત દેવાયા છે. દાદ રમાં પ્રતિષ્ટ પ્રતિય વેન્ટરાંતિત
5. Approval of the annual accounts and the directors' report for the financial year 2021, including consolidated accounts for the group	0	[ 프로그
6. Approval of the auditor's fees			上可
7. Determination of remuneration to the board and the nomination committee
8. Board election	1		中
9. Advisory vote over remuneration report
10. Proposal to authorize the Board of Directors to increase the share capital – general authorization
11. Proposal to authorize the Board of Directors to purchase own shares
12. Pronocal for grant of an authorization to resolve dividend distributions

3

The undersigned:

Agenda for the Annual General Meeting 2022

1. Annroval of the summons and agenda

Place

1. Election of a person to chair the General Meeting

hereby grants the Chair of the Board of Directors (or the him or her) proxy to attend and vote for my/our shares at the Annual General Meeting of Saga Pure ASA on 30 May at 10:00 a.m.

The votes shall be exercised in accordance with the instructions for voting are left blank, this will be counted as an instruction to vote in accordance with the Board's and Nomination Committee's recommendations. However, if any motions are made from the attendees in addition to or in replacement of the Notice, the proxy holder may vote at his or her discretion. If there is any doubt as to how the instructions should be understood, the proxy holder may abstain from voting.

May 2022 at 16:00 a.m.

SAGA PURF

Proxies with voting instructions must be dated and signed to be valid.

1. Opening of the General Meeting by the chairman or the person he elects

2. Election of a person to co-sign the minutes together with the Chairman of the General Meeting

lf you are unable to attend the meeting, you may use this proxy form to give voting instructions to Chair of the Board of Directors or the person authorised by him or her. (Alternatively, you may vote electronically in advance, see separate section above.) For instruction to other Proxy holders, submit a Proxy without voting instructions and agreed directly with the proxy holder how votes should be cast.

Proxies with voting instructions to Chair of The Board of Directors cannot be submitted electronically, and must be sent to genf@dnb.no (scanned form) or by regular Mail to DNB Bank ASA, Registrars' Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway. The form must be received by DNB Bank ASA, Registrars' Department no later than 27

Proxy with voting instructions for Annual General Meeting in Saga Pure ASA

	Ref no:
person authorised by h

Date

GUIDE FOR ONLINE PARTICIPATION SAGA PURE ASA 30 MAY 2022

Saga Pure ASA will hold its annual general meeting on 30 May 2022 at 10:00 am CET as a digital meeting, where you get the opportunity to participate online with your PC, phone or tablet. Below is a description of how to participate online.

We also point out that you also can vote in advance or give a proxy before the meeting. See the notice for further details on advance voting and how to authorize a proxy. If you vote in advance or give a proxy, you can still log on to the general meeting to follow and ask questions, but you will not have the opportunity to vote on the items.

By participating online, shareholders will receive a live webcast from the general meeting, the opportunity to ask written questions, and vote on each of the items. Secure identification of shareholders is done by using the unique reference number and PIN code assigned to each shareholder by the Norwegian Central Securities Depository (Euronext VPS) in relation to this General Meeting.

No registration is required for shareholders who want to participate online, but shareholders must be general meeting starts.

Shareholder who does not find their reference number and PIN code for access or have other technical questions is welcome to call DNB Registrars Department on phone + 47 23 26 80 20 (between 08:00-15:30), or send an e-mail to genf@dnb.no

HOW TO ACCESS THE ONLINE GENERAL MEETING

To be able to participate online, you must go to the following website: https://web.lumiagm.com

either on your smartphone, tablet or PC. All major known browsers, such as Chrome, Safari, Edge, Firefox etc. are supported.

enter Meeting ID: 121-221-551 and click Join:

You must then identify yourself with.

a) Ref. number from VPS for the general meeting

b) PIN code from VPS for general meeting

You will have the opportunity to log in one hour before the general meeting starts.

Once you have logged in, you will be taken to the information page for the general meeting. Here you will find information from the company, and how this works technically. Note that you must have internet access throughout the meeting.

HOW TO RECEIVE YOUR REFERENCE NUMBER AND PIN CODE

All shareholders registered in the VPS are assigned their own unique reference and PIN code for use in the General Meeting, available to each shareholder through VPS Investor Services, select Corporate Actions, General Meeting, Click on the ISIN and you can see your reference number (Ref.nr.) and PIN code.

All VPS directly registered shareholders have access to investor services either via https://www.euronextyps.no or internet bank. Contact your VPS account operator if you do not have access.

Shareholders who have not selected electronic corporate messages in Investor Services will also receive their reference number and PIN code by post together with the summons from the company (on registration form).

Custodian registered shareholders: Shares held through Custodians (nominee) accounts must be transferred VPS account registered in the name of the shareholder to have voting rights on the General Meeting. Once shares are the segregated VPS account, a reference number and PIN code are assigned to this account. Please contact your custodian for further information.

15:50 Poll Open

1. Valg av møteleder og person til å

medundertegne protokollen /

Election of person to chair the meeting and election of a person to co-sign the minutes together with

Solit Voting

the chair

For / For

Mot / Against

Avstår / Abstain

HOW TO VOTE

TH VOTING

When items are available for voting, you can vote on all items as quickly as you wish. Items are closed for voting as the general meeting considers them. Items will be pushed to your screen. Click on the vote icon if you click away from the poll.

To vote, press your choice on each of the issues. FOR, AGAINST or ABSTAIN. Once you have cast your vote, you will see that your choice is marked. You also get a choice where you can vote jointly on all items. If you use this option, you can still override the choice on items one by one if desired.

To change your vote, click on another option. You can also choose to cancel. You can change or cancel your vote until the chair of the meeting concludes the voting on the individual items. Your last choice will be valid.

NB: Logged in shareholders who have voted in advance or given a power of attorney will not have the opportunity to vote but can follow and write messages if desired.

QUESTIONS TO THE CHAIRPERSON

MESSAGING

Questions or messages relating to the agenda can be submitted by the shareholder or appointed proxy at any time during the meeting as long as chair of the meeting holds this open.

If you would like to ask a question relating to the items on the agenda, select the messaging icon.

Enter your question in the message box that says "Ask a Question". When you have finished writing your question, click on the submit button.

Questions submitted online will be moderated before going to the chair. This is to avoid repetition of questions as well as removal of inappropriate language.

All shareholders who submit questions will be identified with their full names, but not holding of shares.