Vow ASA — Major Shareholding Notification 2017

May 7, 2017

Scanship Holding ASA : Major shareholder Notification

Scanship Holding ASA : Major shareholder Notification

TECO Group AS, a company controlled by Mr. Tore Enger, the chairman of the board

of Scanship Holding ASA, has on 7 May 2017 agreed to sell 31,500,000 shares in

Scanship Holding ASA. Following completion of the transaction, TECO Group AS

holds 3,500,000 shares in Scanship Holding ASA, equal to 3.66 % of the

outstanding shares in Scanship Holding ASA.

TECO Group AS does not hold other rights to shares in Scanship Holding ASA.

This disclosure is made pursuant to section 4-3 of the Norwegian Securities

Trading Act.