Standard Supply AS — AGM Information 2023

Feb 16, 2023

Standard Supply AS – Notice of extraordinary general meeting

Standard Supply AS – Notice of extraordinary general meeting

Oslo, Norway, 16 February 2023

Reference is made to the stock exchange notice issued on 16 February 2023 regarding, inter alia, a proposal from the Board of Directors of Standard Supply AS (the "Company") to resolve an extraordinary dividend of NOK 0.10 per share. To enable the Company to distribute such extraordinary dividends, an interim balance sheet as of 31 December 2022 has been prepared.

The distribution of the extraordinary dividends is subject to approval by the Company's extraordinary general meeting, as well as approval by the general meeting of the interim balance sheet. The Board of Directors therefore calls for an extraordinary general meeting to be held on 23 February 2023 at 10.00 hours CET, as a physical meeting in the offices of Advokatfirmaet CLP DA, Sommerrogata 13-15, 0255 Oslo.

The notice for the general meeting, including notices of attendance and proxy forms, and the audited interim balance sheet is attached to this stock exchange notice.

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For further information, please contact:

CEO Espen L. Fjermestad at +47 95 20 44 93

Chairman of the Board Martin Nes at +47 92 01 48 14

About Standard Supply | standard-supply.com Standard Supply owns a fleet of nine platform supply vessels (PSVs); three large-sized, one medium-sized and five medium-sized PSVs with 51% ownership interest. Standard Supply will actively seek further growth opportunities and is well positioned to capture improvements in the market with most of the fleet trading in the spot market. The Company has a clear ambition to return excess cash to its shareholders.