Oslo, 16 February 2023
Reference is made to the stock exchange release published at 12:08 CET on 16 February 2023 (message ID: 582661). The proposed NOK 0.04 dividend was today rejected at the extraordinary general meeting by a group of the Company’s largest shareholders. The group is of the opinion that it is in the Company’s best interest to retain the capital and apply it towards future investments. The retained capital should accelerate ongoing negotiations and consequently project execution, and leave the Company sufficiently capitalized for the foreseeable future. The Company is currently working diligently with several projects and will inform the market further as soon as possible.
Erik A.S. Frydendal, CEO, Ph. +47 957 72 947 E-mail: firstname.lastname@example.org
Lars M. Brynildsrud, CFO, Ph. +47 932 60 882 E-mail: email@example.com
This stock exchange announcement is made pursuant to section 5-9 of the Norwegian Securities Trading Act.