Notice of extraordinary general meeting

Bømlo, 3 March 2023: Reference is made Eidesvik Offshore ASA’s (OSE: EIOF) (“EIOF” or the “Company”) stock exchange announcement dated 2 March 2023, concerning the successfully placed private placement of 10,833,333 shares in the Company (the “Private Placement”), at a subscription price of NOK 12.00 per share (the “Offer Price”), raising gross proceeds of approximately NOK 130,000,000 and a proposed subsequent share offering of up to 2,000,000 new shares at the Offer Price (the “Subsequent Offering”).

The Company’s board of directors hereby calls for an extraordinary general meeting to be held on 24 March 2023 at 10:00 CET, in order to, amongst other things, approve the issuance of new shares in the Private Placement and granting an authorisation to the Company’s board of directors to issue new shares in connection with the proposed Subsequent Offering.

The notice for the extraordinary general meeting, including the board’s proposed resolutions, the notice of attendance and proxy forms, are attached to this notice and will be made available on the Company’s website;

Shareholders are encouraged to attend the meeting by granting a proxy to the chair of the board within 23 March 2023 at 16:00 CET. Further details are found in the attached notice.

Pareto Securities AS is engaged as the manager and bookrunner for the Private Placement and Advokatfirmaet Selmer AS is engaged as legal counsel to the Company.

For further information, please contact:
Helga Cotgrove, Chief Financial Officer
Phone: +47 90 73 52 46

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