Philly Shipyard ASA: Minutes from Annual General Meeting

19 Apr 2023 17:55 CEST

The 2023 annual general meeting of Philly Shipyard ASA was held today as a
digital meeting with online participation. All resolutions were made in
accordance with the proposals set out in the meeting notice.

The minutes of the meeting are attached in Norwegian and English and available
on www.phillyshipyard.com. Please also see attached the AGM presentation.

Contacts:
Matt Cassidy
Communications Supervisor
Tel.: +1 215-875-2600
E-mail: matthew.cassidy@phillyshipyard.com

About Philly Shipyard:

Philly Shipyard, Inc. (PSI) is a leading U.S. shipbuilder that is presently
pursuing a mix of commercial and government work. It possesses a
state-of-the-art shipbuilding facility and has earned a reputation as a
preferred provider of oceangoing merchant vessels with a track record of
delivering quality ships, having delivered around 50% of all large ocean-going
Jones Act commercial ships since 2000. PSI is the sole operating subsidiary of
Philly Shipyard ASA. Philly Shipyard ASA is listed on the Oslo Stock Exchange
(Oslo: PHLY) and is majority-owned by Aker Capital AS, which in turn is
wholly-owned by Aker ASA (Aker). Aker is an industrial investment company that
exercises active ownership to create value. Aker has ownership interests in oil
and gas, renewable energy and green technologies, maritime assets, marine
biotechnology and industrial software, and its portfolio includes companies like
Aker BP, Aker Horizons, Aker BioMarine, Cognite, and Aker Solutions.

For more information about Philly Shipyard, please visit www.phillyshipyard.com.

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

More information:
Access the news on Oslo Bors NewsWeb site

587982_Philly Shipyard ASA - AGM 2023 - Minutes of AGM (NOR with attachments).pdf
587982_Philly Shipyard ASA - AGM 2023 - Minuntes of AGM (ENG with attachments).pdf
587982_Annual General Meeting 2022 Business Presentation-04.19.23.pdf